SPDR S&P 500 ETF TRUST
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Relative Performance XLK-SPY-XLP

208
The XLK has largely erased losses since the correction while the Staples are still underperforming the broad market. SPY is showing strength despite concerns about steel tariffs and with the 10-year yields retracing, I see a higher likelihood of the SPY catching up with XLK than retesting the lows.

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