Solid Steelmaker Earnings Build Up ETF
Posted on July 30, 2008 at 14:00 PM EDT
The steel exchange traded fund (ETF) has been showing strength that’s typical of the metal, after two major players in the industry reported big earnings. U.S. Steel Corp. (X) gained 14% in trading yesterday after reporting a second-quarter profit that more than doubled, which was its best gain since 2002, reports Eric Martin for Bloomberg. The [...]