MATERIALS (XLB)

Utility stocks hit new highs amid trade policy uncertainty, with Utilities Select Sector SPDR Fund up 6.3% YTD. Constellation Energy Corp. jumps 11.87%.

The company said its steel products order backlog is 25% higher than it was at the same period last year.

Wall Street modestly up as investors await economic data and corporate earnings. Bond market continues rally, gold and oil prices fall.Wall Street rises modestly, bond market continues rally, gold and oil prices fall as investors await economic data and corporate earnings.

Investors are pulling out of top tech ETFs, despite strong performance, in favor of blue-chip stocks. Defensive sectors see inflows as tech weakens.

Fermium Research analyst upgraded Dow Inc. to Buy at a target price of $35 with better-than-expected Q1 2025 sales and EPS, easing dividend concerns.