|Bid||422.00 x 900|
|Ask||422.42 x 800|
|Day's range||417.09 - 422.62|
|52-week range||349.53 - 434.03|
|PE ratio (TTM)||21.17|
|YTD daily total return||10.28%|
|Beta (5Y monthly)||1.00|
|Expense ratio (net)||0.03%|
WTI could break $70 support next though a sharp rebound is also likely due to oversold conditions, Sunil Kumar Dixit, chief technical strategist at SKCharting.com, said.
By Yasin Ebrahim
The Federal Reserve raised interest rates by three-quarters of a percentage point Wednesday for the fourth time in a row, and the central bank hinted at a higher bar for future monetary policy tightening, though pushed back against the idea of a pause. The Federal Open Market Committee raised its benchmark rate to a range of 3.75% to 4% from 3% to 3.25% previously. In a sign that the Fed is growing wary of the impact that tighter financial conditions are having on the economy, the central bank said that the "committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments," in determining the future pace of rate hikes.
ETF Think Tank Director of Research Cinthia Murphy joins Yahoo Finance Live to share the latest in the ETF space and what to know about direct indexing.
The 60/40 portfolio, one of the most standard allocation mixes for long-term investors, is on pace for its worst year since 1936, data from Bank of America showed.