iShares Global Materials (MXI) Drops Below 200-Day Moving Average

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In trading on Monday, shares of the iShares Global Materials ETF (MXI) fell below their 200-day moving average of $108.23, reaching a low of $107.49 per share. As of midday, the ETF is down approximately 1.1% for the day.

The recent performance of MXI shows a 52-week low of $87.82 and a high of $118.51, with the last trade recorded at $108.11.

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