Top stories: 1. IperionX and Vegas Fastener co-producing titanium fasteners for U.S. Army. 2. Universal Stainless reports record Q1 sales. 3. Century Aluminum reports Q1 earnings and chosen for $500M investment. 4. Ryerson Holding reports Q1 earnings and starts new operations.
As April comes to a close, it’s time to compile the rankings for the top-performing sector and industry exchange-traded funds of the month. Taking a broader look at the stock market, the S&P 500 Index, represented by the SPDR S&P 500 ETF Trust (NYSE:SPY), finished April on a downturn, declining by approximately 3%. This marks the end of a five-month streak of gains. Similarly, the tech-heavy Nasdaq 100, tracked by the Invesco QQQ Trust (NASDAQ:QQQ), experienced a 3.5% decline. Among large-cap in