NEW YORK, June 15, 2017 /PRNewswire/ --
On Wednesday, June 14, 2017, the NASDAQ Composite and the S&P 500 edged 0.41% and 0.10% lower, respectively at the closing bell, while the Dow Jones Industrial Average stayed bullish, finishing marginally higher by 0.22%. US markets saw a mixed session as 4 sectors closed in green, 4 sectors finished in red, and 1 sector ended flat for the day. Taking into consideration yesterday's market sentiment, DailyStockTracker.com assessed the following Steel & Iron equities this morning: Steel Dynamics Inc. (NASDAQ: STLD), Nucor Corp. (NYSE: NUE), TimkenSteel Corp. (NYSE: TMST), and Ternium S.A. (NYSE: TX). Learn more about these stocks by registering for free on DailyStockTracker.com and accessing the complimentary research reports at:
Fort Wayne, Indiana headquartered Steel Dynamics Inc.'s stock finished Wednesday's session 2.97% lower at $34.63. A total volume of 3.95 million shares was traded, which was above their three months average volume of 3.13 million shares. Over the last month, the Company's shares have advanced 0.23%. The stock is trading above its 200-day moving average by 5.77%. Moreover, shares of Steel Dynamics, which together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the US and internationally, have a Relative Strength Index (RSI) of 50.81.
On May 24th, 2017, research firm Credit Suisse upgraded the Company's stock rating from 'Neutral' to 'Outperform'. See our free and comprehensive research report on STLD at:
Shares in Charlotte, North Carolina-based Nucor Corp. declined 2.28%, ending yesterday's session at $59.11 with a total trading volume of 1.70 million shares. The stock has gained 2.60% in the past month. The Company's shares are trading 3.09% above their 200-day moving average. Moreover, shares of Nucor, which manufactures and sells steel and steel products in the US and internationally, have an RSI of 53.68.
On May 24th, 2017, research firm Credit Suisse upgraded the Company's stock rating from 'Neutral' to 'Outperform'. NUE free research report PDF is just a click away at:
On Wednesday, Canton, Ohio headquartered TimkenSteel Corp.'s stock saw a correction of 6.68%, to close the day at $13.41. A total volume of 453,087 shares was traded. The Company's shares are trading 8.78% below their 200-day moving average. Additionally, shares of TimkenSteel, which manufactures and sells alloy steel, and carbon and micro-alloy steel products worldwide, have an RSI of 44.35. Sign up for your complimentary report on TMST at:
Shares in Buenos Aires, Argentina headquartered Ternium S.A. ended the day 1.84% lower at $25.54. A total volume of 498,997 shares was traded, which was above their three months average volume of 490,310 shares. The stock has gained 1.23% in the last one month and 5.76% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 0.40% and 6.94%, respectively. Furthermore, shares of Ternium, which manufactures and processes various steel products in Mexico, Argentina, Bolivia, Chile, Paraguay, Uruguay, Colombia, the US, Central America, and internationally, have an RSI of 48.15. Register for free on DailyStockTracker.com and download the latest research report on TX at:
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