|Bid||430.52 x 3100|
|Ask||430.80 x 3000|
|Day's Range||429.99 - 434.10|
|52 Week Range||348.11 - 459.44|
|PE Ratio (TTM)||21.68|
|YTD Daily Total Return||14.07%|
|Beta (5Y Monthly)||1.00|
|Expense Ratio (net)||0.09%|
Stocks ended the week lower after selling off amid the prospect of prolonged high interest rates.
The U.S. Federal Reserve is contemplating additional interest rate hikes this year in response to persistent inflation, according to Governor Michelle Bowman's remarks on Friday. Despite significant strides in curbing inflation, Bowman emphasized the need for continued efforts during a speech to banking professionals in Colorado.
Investors are left in a tough situation after an illuminating press conference where Fed Chair Jerome Powell poured cold water on optimists.