U.S. Steel Upgrade, Nucor Guidance Lift Materials ETFs

Steel and materials sector-related exchange traded funds jumped Wednesday after Bank of America/Merrill Lynch upgraded United States Steel (NYSE: X) and Nucor (NYSE: NUE) to better-than-expected guidance. Among the best performing ETFs of Wednesday, the VanEck Vectors Steel ETF (NYSEArca: SLX) rose...