U.S. Steel Upgrade, Nucor Guidance Lift Materials ETFs
June 15, 2016 at 14:57 PM EDT
Steel and materials sector-related exchange traded funds jumped Wednesday after Bank of America/Merrill Lynch upgraded United States Steel (NYSE: X) and Nucor (NYSE: NUE) to better-than-expected guidance. Among the best performing ETFs of Wednesday, the VanEck Vectors Steel ETF (NYSEArca: SLX) rose...