- Reuters•13 hours ago
BlackRock's global allocation fund booked profits on U.S.-based energy shares in June as oil prices rose more than 25 percent in the second quarter, as a part of a 85 percent rebound since hitting 12-year lows in early 2016 tied to fears about oversupply. "During the month of June, we took profits in U.S.-based energy stocks as higher oil prices have led to higher valuations for many of these companies," Russ Koesterich, head of asset allocation for the BlackRock fund, said in a statement.
After hours: 361.930.00 (0.00%) as of 4:32 PM EDT
|Bid||346.00 x 100|
|Ask||405.00 x 100|
|52wk Range||275.00 - 369.33|
|Day's Range||358.67 - 362.70|
|Avg Vol (3m)||566,065|
As of 4:00 PM EDT. Market closed.