|Bid||18.40 x 21500|
|Ask||18.59 x 2900|
|Day's range||18.47 - 18.72|
|52-week range||17.15 - 23.85|
|PE ratio (TTM)||19.92|
|YTD daily total return||-5.77%|
|Beta (5Y monthly)||1.29|
|Expense ratio (net)||0.40%|
Later this week President Joe Biden puts the final touches on a major win for his administration, signing the Inflation Reduction Act (IRA) into law. Among a number of initiatives in the $700 billion package are huge investments in new climate initiatives like rebate programs for energy efficient appliances and retrofits, production tax credits and provisions for battery and solar cell manufacturers, and most importantly for the automakers, as tax credits for new and used electric vehicles.
U.S. sustainable funds faced a brutal second quarter, according to a Morningstar report.
Bloomberg Intelligence Senior Clean Energy Analyst Rob Barnett joins Yahoo Finance Live to discuss elevated energy costs, clean energy demand, geopolitical tensions, solar installation, and the outlook for renewables.
Jeff Spiegel, U.S. head of BlackRock Megatrend, International and Sector ETF, joins Yahoo Finance Live to share which three areas of the market present the biggest opportunities for investors looking for growth.