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The steel sector is commodity driven, and prices haven't been particularly strong lately. First-quarter 2024 earnings came in at $3.46 per share, down from $4.45 a year ago.
"The 10-year UST yield has reversed a long-term secular downtrend off the 1981 highs. The higher high above 3.25 ('18 highs) also validates the multi-decade reversal.
For the week, the S&P 500 gained 1.06%, the Nasdaq rose 1.13%, and the Dow climbed 1.39%. The Russell 2000 Small Cap index rose 1.48%, after hitting a record high earlier in the week.
A linear chart of the S&P 500 daily closing values from January 3, 1950, to February 19, 2016 A logarithmic chart of the S&P 500 index daily closing values from January 3, 1950, to February 19, 2016 A daily volume chart of the S&P 500 index from January 3, 1950, to February 19, 2016 Logarithmic Chart of S&P 500 Index with and without Inflation and with Best Fit and other graphs to Feb 2024
Western Union expects total revenue to land in a range between $4.125 billion and $4.2 billion this year. Even the high end of this range is 6.5% less than the company reported in 2022.
Rank Date Close Change Net % 1 1987-10-19 : 224.84 −57.86 −20.47 2 1929-10-28: 22.74 −3.20 −12.34 3 2020-03-16: 2,386.13 −324.89 −11.98 4
In today's video, I am going to cover four growth stocks trading near their 52-week lows. Watch the short video to learn more, consider subscribing, and click the special offer link below.
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