XLI · WMTMT

open11:0512:4514:2016:00

5-minute bars · index reconstructed live from member prices

Breadth

57 / 82

stocks rose with the index

Concentration

33%

of the gain from PWR, GE, UBER

Biggest driver

PWR +0.10

QUANTA SERVICES INC, +3.01%

Biggest drag

DE −0.29

DEERE + CO, −4.85%

Context

65th pctile

of the past year's sessions by daily move

What drove it

82 members · drivers first · 1D · residual 3.6bp within 60bp gate

The XLI rose 0.50% (+0.85 pts) on the day on a mixed tape; PWR, GE, UBER did most of the lifting, with 33% of the gain between them.

Read the latest market-close note: Goldman and Microsoft Push the Dow to a Large Gain While Telecoms Sink Communication Services

+1.4 pts from 57 gainers−0.5 pts from 24 losers

net +0.8 pts · gainers outweigh losers 2.7 to 1

Stock

Points

Return

XLIsum of all 82 stocks

+0.8

+0.50%

PWRQUANTA SERVICES INC

+0.1

+3.01%

GEGENERAL ELECTRIC

+0.1

+0.85%

UBERUBER TECHNOLOGIES INC

+0.1

+1.80%

RTXRTX CORP

+0.1

+0.88%

BEBLOOM ENERGY CORP A

+0.1

+2.73%

BABOEING CO/THE

+0.1

+1.40%

JCIJOHNSON CONTROLS INTERNATION

+0.1

+2.23%

ETNEATON CORP PLC

+0.1

+1.21%

CATCATERPILLAR INC

+0.1

+0.54%

PHPARKER HANNIFIN CORP

+0.1

+1.64%

EMREMERSON ELECTRIC CO

+0.1

+1.73%

TTTRANE TECHNOLOGIES PLC

+0.1

+1.44%

GEVGE VERNOVA INC

+0.0

+0.52%

HONAHONEYWELL AEROSPACE INC

+0.0

+2.55%

HWMHOWMET AEROSPACE INC

+0.0

+1.20%

52 othersclick to expand the full index

+0.3

CPRTCOPART INC

−0.0

−0.58%

CSXCSX CORP

−0.0

−0.17%

LIILENNOX INTERNATIONAL INC

−0.0

−1.33%

MASMASCO CORP

−0.0

−1.11%

PAYXPAYCHEX INC

−0.0

−0.46%

ITWILLINOIS TOOL WORKS

−0.0

−0.24%

ROKROCKWELL AUTOMATION INC

−0.0

−0.36%

CARRCARRIER GLOBAL CORP

−0.0

−0.50%

DDDUPONT DE NEMOURS INC

−0.0

−1.89%

VRTVERTIV HOLDINGS CO A

−0.0

−0.41%

WMWASTE MANAGEMENT INC

−0.0

−0.61%

NOCNORTHROP GRUMMAN CORP

−0.0

−0.77%

PCARPACCAR INC

−0.0

−1.48%

MMM3M CO

−0.1

−2.21%

DEDEERE + CO

−0.3

−4.85%

Cap weighting, illustrated

GENERAL ELECTRIC and INGERSOLL RAND INC moved almost identically (+0.85% vs +0.95%), yet GE moved the XLI 9.3× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.

Attribution map

slicing the +0.85 pt move · cell size = points contributed · color = direction, intensity = return

DE−0.3 pts(−4.9%)

PWR+0.1 pts(+3.0%)

GE+0.1 pts(+0.9%)

UBER+0.1 pts(+1.8%)

RTX+0.1 pts

BE+0.1 pts(+2.7%)

BA+0.1 pts

JCI+0.1 pts

ETN+0.1 pts

CAT+0.1 pts

PH+0.1 pts

MMM−0.1 pts(−2.2%)

EMR+0.1 pts(+1.7%)

TT+0.1 pts(+1.4%)

GEV+0.0 pts(+0.5%)

HONA+0.0 pts

HWM+0.0 pts

TDG+0.0 pts(+1.7%)

GWW+0.0 pts(+1.7%)

PCAR−0.0 pts

WAB+0.0 pts

FERG

EME+0.0 pts

WM−0.0 pts

AXON

CTAS

CMI

LMT

HON

FIX

LDOS

FAST

FTV

CARR

Concentration curve

cumulative share of the +0.85 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−5%−3%−1%+1%+3%

From −4.85% (DE) to +3.01% (PWR). Equal-weight, the XLI would be +0.39% vs the actual +0.50%; the gap is what cap weighting did.

By sector

point contribution · sums to +0.85 pts

-82

+0.8

The year, session by session

every trading day of 2026 · hover for the move

JANFEBMARAPRMAYJUNJULAUGSEPOCT

Share this move

pick a view, download it as a 16:9 PNG

What moved the market, in your inbox

The daily note publishes here after every close; the week's story lands in your inbox on Fridays, free. Read the daily notes.

Babylon Burns

WMTMT is built by the founders of Babylon Burns, a letter on markets, macro, and the systems behind them. The numbers live here; the arguments live there. Subscribing below joins the Babylon Burns letter.

Industrials · Select Sector

What drove it

Attribution map

Concentration curve

When they drove it

Breadth

By sector

The year, session by session

Share this move