|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||143.56 - 144.67|
|52 Week Range||114.88 - 144.67|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
Weekly technical summary of the major U.S. indexes.
The US is the world’s largest steel importer. The country’s steel imports totaled 30.9 million metric tons last year.
U.S. equities drifted lower on Thursday in calm, controlled fashion in the wake of Wednesday’s decision by the Federal Reserve to start the process of “quantitative tightening” in October. As I said yesterday, this is a huge deal since it marks beginning of the end of years of bond-buying stimulus programs that have bloated the Fed’s balance sheet from around $800 billion to some $4.4 trillion now.