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Materials Select Sector SPDR Fund (XLB)

NYSEArca - Nasdaq Real Time Price. Currency in USD
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75.83+0.42 (+0.56%)
At close: 4:00PM EST
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Trade prices are not sourced from all markets
Previous Close75.41
Open75.63
Bid0.00 x 800
Ask0.00 x 800
Day's Range75.58 - 76.52
52 Week Range37.69 - 77.77
Volume7,565,054
Avg. Volume6,600,577
Net Assets5.99B
NAV75.41
PE Ratio (TTM)N/A
Yield1.76%
YTD Daily Total Return4.17%
Beta (5Y Monthly)1.10
Expense Ratio (net)0.12%
Inception Date1998-12-16
  • MarketWatch

    TimkenSteel stock soars to pace NYSE gainers after KeyBanc analyst says it's time to buy

    Shares of TimkenSteel Corp. shot up 32.5% on very heavy volume in afternoon trading Tuesday, enough to pace all of the NYSE's gainers, after KeyBanc Capital analyst Philip Gibbs said it's time to buy the steel maker's stock as the macro recovery is unfolding. Trading volume spiked up to 36.8 million shares, compared with the full-day average of about 372,200 shares. The rally put the stock on track to close at the highest level since May 2019. Gibbs raised his rating to overweight, after being at sector weight since July 2018, and set a $10 target for the stock, which is 19.8% above current levels. Gibbs said his new bullish view "post due diligence" reflects the macroeconomic recovery, better contract and spot pricing and widening raw material spreads, as well as "self-help," which includes cost cuts. The latest available data showed that short interest was 9.72% of the public float. The stock has soared 74.6% over the past three months, while the SPDR Materials Select Sector ETF has tacked on 6.7% and the S&P 500 has gained 8.0%.

  • MarketWatch

    Nucor stock surges toward 7th straight gain after upbeat earnings outlook, citing 'robust demand'

    Shares of Nucor Corp. rallied 2.2% in premarket trading Tuesday, putting them on track for a seventh straight gain, after the steel maker provided an upbeat first-quarter profit outlook, citing "positive economic trends" and "robust demand" seen across its markets. The company said net earnings for the quarter could exceed $900 million, which would be "significantly" above the previous record set in 2008. The current FactSet consensus for net income is $432.0 million. "While it is difficult to provide precise guidance this early in the quarter, Nucor has elected to provide this update due to what it sees as an unusually large gap between its internal forecast and the current mean estimate for its first quarter earnings," Nucor said in a statement. If the stock closes higher, it would mark the longest win streak since the seven-day stretch ended Feb. 4, 2019. Nucor shares have edged up 5.8% over the past three months through Monday, while the SPDR Materials Select Sector ETF has tacked on 6.6% and the S&P 500 has gained 10.3%.