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An exchange-traded fund tracking metal and mining companies rallied on Friday, after the Commerce Department recommended tariffs on major metal imports. The SPDR S&P Metals & Mining ETF (XME) jumped 3.1% and extended its advance throughout the trading day. Thus far this week, it is up 12%, which is set to be its biggest one-week percentage gain since March 2016 . The U.S. Commerce Department has recommended a 24% tariff (http://www.marketwatch.com/story/commerce-department-recommends-24-tariff-on-steel-imports-as-it-lays-out-options-for-trump-2018-02-16) on steel imports from all countries, and a 7.7% tariff on aluminum imports, among other options. President Donald Trump is required to make decisions on the recommendations in April. Among specific stocks, United States Steel Corp. (X) surged 11% while AK Steel Holding Corp. (AKS) advanced 11.5%. Nucor Corp. (NUE) was 4.8% higher on the day, while aluminum maker Alcoa Corp. (AA) was up 3.4%. The Dow Jones I (谈股论金)  296次阅读

作者: 雅歌 @, 发表于: 2018-02-16 (2480天前) @ 雅歌

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