The materials industry, which includes Dow Chemical and miner Cliffs Natural Resources, also gets more than half of its sales overseas."We would be wary of sectors that derive a lot of their sales overseas, given that fact that we expect the dollar's strength to remain," says Kristen Scarpa, an investment strategist at Barclays Wealth and Investment Management.
The Resurgent Dollar Could Hurt S&P 500 Earnings
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