INDUSTRIAL SEL (XLI)

Honeywell (NASDAQ: HON) is considering strategic options for its logistics-focused business units, as part of its restructuring to focus on automation. CEO Vimal Kapur says this aligns with their goal of concentrating on industrial, process, and building automation. The review process will not affect the planned spin-offs of other divisions. Jim Masso has been appointed to lead the process automation division. HON shares declined 0.24% premarket. Lockheed Martin leads in capital efficiency in the defense sector, but market response is lackluster.

Trump's tariff threats have caused uncertainty, but ETF investors are staying calm for now. Nation-specific ETFs and safe havens are popular choices.

President Donald Trump’s 2026 budget proposes cutting the Pentagon’s planned procurement of Lockheed’s F-35 fighter jets by 31%.

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.