Monday, June 28, 2021

Steel sector valuations have to pass the China stress test

Steel sector valuations have to pass the China stress test ChinaĆ¢€™s efforts to cool down metal prices could pose a risk to the high valuations being given to steel stocks

from Moneycontrol Business News https://ift.tt/35Vf0rs

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...