Key Takeaways XLI has risen 10.2% in 2026, reflecting strength across aerospace, machinery and transport.KMT, CSTM, and VMI are seeing earnings growth backed by rising consensus estimates.Manufacturing PMI at 52.7 and easing costs are supporting demand and margins.Industrial stocks have extended their strong start to 2026 into early April, supported by improving economic visibility and a sustained rotation into cyclical sectors. The State Street Industrial Select Sector SPDR ETF (XLI), a benchmark for the s ...