XLE Surges Past Crucial Moving Average Threshold

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On Tuesday, the Energy Select Sector SPDR Fund ETF (XLE) shares rose above their 200-day moving average of $89.22, reaching a high of $89.39 per share, reflecting a 1.1% increase on the day. The last trade was reported at $89.53.

In the past year, XLE has fluctuated between a low of $78.98 and a high of $98.97, indicating its current positioning in the market.

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