XLB Breaks Below Key Moving Average Level

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Shares of the Materials Select Sector SPDR Fund ETF (Symbol: XLB) fell below their 200-day moving average of $78.06 on Friday, trading as low as $77.76 per share, reflecting a decline of approximately 1.9% for the day.

The ETF’s 52-week low stands at $66.86, while its 52-week high is $91.49, with the most recent trade captured at $78.06.

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