INDUSTRIAL SEL (XLI)

Financials and tech have both outpaced the market in 2025, each gaining 3.9% year-to-date, with Industrials leading the pack, boasting a nearly 8% surge.

As broader U.S. equity funds suffered their largest weekly outflow of $18.43 billion since March this week, sector ETFs quietly shined.

According to The Wall Street Journal report, there are only a limited number of scenarios where the emergency system, known as the ram air turbine (RAT), can kick in.

Lockheed touted its broad portfolio as well-suited for the Golden Dome mission, while Boeing said it has already done “a lot of work” on the program.

Baker Hughes (BKR) to acquire Continental Disc Corporation (CDC) for $540 million, adding pressure relief and safety products to industrial portfolio.

Eaton Corp. to acquire Ultra PCS for $1.55B to boost aerospace capabilities and support sustainable growth. Deal expected to close in 2026.

Energy ETFs post strongest inflows since 2024 as Middle East tensions push oil higher. XLE logs $470M weekly influx.

The company is reportedly interested in expanding into navigation, safety systems, and control systems related to thermal management and electrification.

Starting June 15, Air India will be required to perform pre-departure inspections focused on multiple critical systems on all Boeing 787-8 and 787-9 aircraft equipped with GE Aerospace’s Genx engines.

India’s Home Minister Amit Shah stated the final death toll will be officially released once DNA testing and victim identification are complete.

Ahmedabad Police Commissioner G.S. Malik told ANI the survivor was seated in number 11A and is receiving medical treatment.

All five incidents, which also included cargo flights, occurred in 2024.

India’s Directorate General of Civil Aviation confirmed that there were 230 passengers on board, along with two pilots and 10 cabin crew members.

U.S. stocks ticked up on Tuesday, with investors closely watching for potential progress in ongoing U.S.-China trade negotiations taking place in London.

Baker Hughes (NASDAQ: BKR) sells Precision Sensors & Instrumentation unit to Crane Company (NYSE: CR) for $1.15B in cash. Move aligns with BKR's focus on core areas and boosts CR's aerospace, nuclear, and industrial capabilities. Expected to close by late 2025/early 2026.