Industrial stocks fall in premarket amid broader decline

Robotic welding machine in a metal manufacturing plant

Fertnig/E+ via Getty Images

A variety of industrial stocks on Monday fell in premarket trading as index futures slipped on a surging dollar and rising interest rates. 

The Industrial Select Sector SPDR ETF (NYSEARCA:XLI), whose holdings consist of large-cap industrial companies, fell -0.8% at 8:10 a.m. The fund last week dropped 5% after nine straight days of declines. 

Industrial stocks making the biggest moves included:

Ingersoll Rand (IR) -4.70%
Textron (TXT) -2.70%
Latham Group (SWIM) -2.40%
Archer-Daniels-Midland (ADM) -1.90%
Parker-Hannifin (PH) -1.50%
Nutrien (NTR) -1.30%
Boeing (BA) -1.20%
Spirit AeroSystems (SPR) -1.20%
Dow Inc. (DOW) -1.10%
Deere (DE) -0.80%

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