lucadp/iStock via Getty Images
Jacobs Solutions (NYSE:J) on Thursday hit a 19-month low as industrial stocks faced renewed selling pressure. The engineering firm touched $107.76 a share before narrowing its loss to close with a 1.3% decline to $108.80.
The Industrial Select Sector SPDR ETF (XLI), whose holdings include large-cap industrial stocks, declined 1.7% to $83.94 a share. The fund has fallen in 12 of the past 13 days of trading, and is down 20% this year.
Industrial stocks that hit 52-week lows today included:
Allegion (ALLE) -2.8%
A.O. Smith (AOS) -3.4%
Flowserve (FLS) +0.08%
Gates Industrial (GTES) -2%
Harsco (HSC) -6.3%