Airlines come out on top in Industrial Quant picks ahead of Q4 earnings
The S&P 500’s industrial sector (SP500-20) lost about 2.7% in the fourth quarter after gaining about 11.1% in the third quarter. Its accompanying ETF, Industrial Select Sector SPDR Fund (NYSEARCA:XLI) fell 2.7% during Q3, compared to the S&P 500 broader index