|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||134.92 - 137.69|
|52 Week Range||114.88 - 144.25|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
Investors were spooked by a warning from the Federal Reserve, in its latest meeting minutes, that tighter monetary policy than is justified by economic conditions is coming. Because financial conditions — higher stock prices, lower bond yields, easy credit terms — are too lax, in their opinion.
The US Consumer Price Index rose 0.1% in July 2017, compared with no change in June 2017, falling short of the market’s expectations of a 0.20% rise.
iShares' new fund is large-cap in nature and includes stocks that derive 85% or more of their sales from the United States.