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Benzinga
Benzinga
Business
Piero Cingari

Trump's Sledgehammer Policies Have Ignited Wall Street's Hottest Trade—And It's Not AI

Donald Trump GE Artificial Intelligence General Electric Co GEV HII Howmet Aerospace Inc HWM Uber Uber Technologies Inc
Toy,Tank,With,A,Growth,Arrow,On,A,Green,Background

President Donald Trump‘s America First agenda has supercharged investor flows and returns in a sector quietly dominating Wall Street in 2025—and it's not artificial intelligence or the Magnificent Seven.

Industrial stocks are stealing the show. Through July 22, the Industrial Select Sector SPDR Fund (NYSE:XLI) is up 15% year to date, nearly doubling the S&P 500's 8% return and even edging past the red-hot tech sector—a rare feat.

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