291.63 +0.09 (0.03%)
After hours: 4:46PM EST
|Bid||291.63 x 800|
|Ask||291.61 x 2200|
|Day's Range||289.60 - 291.86|
|52 Week Range||243.14 - 293.61|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||2.34%|
|Beta (5Y Monthly)||0.96|
|Expense Ratio (net)||0.17%|
History does not always repeat itself in the stock market, but it is always instructive. There is a mania going on in the stock market, but not in the terms you would think. Before you send me hate mail for raining on the parade, remember that The Arora Report gave a signal to buy stocks on Donald Trump’s election when many analysts were saying sell.
Libra Stablecoin Gets Door Slammed in Face in Australia, Switzerland Facebook’s (NASDAQ:FB) stablecoin cryptocurrency Libra is bashing its head against a wall of regulators and the wall won't budge. Monetary authorities in Australia and Switzerland are the latest to give Libra a hard time, which is understandable since if and when it goes into circulation, […]The post Market Morning: Libra Letdown, Bezos Hacked, Trump Complains, Dirty Water appeared first on Market Exclusive.
U.S. markets and stock ETFs pulled back as traders looked to the potentially deadly virus outbreak in China and global growth concerns as reasons to lock in gains from the record-setting rally. On Tuesday, ...
This week is a holiday-shortened affair, but that doesn't diminish earnings-driven trading opportunities over the next four days. With the S&P 500 coming off a gain of almost 2% last week and a broad swath ...
On Friday, the Invesco QQQ Trust (QQQ) was up 0.2%, SPDR Dow Jones Industrial Average ETF (DIA) rose 0.1% and SPDR S&P 500 ETF (SPY) gained 0.2%. China revealed industrial production recovered last year after a 6.9% growth in output in December, beating projections and revealing its fastest pace of expansion in nine months, the Wall Street Journal reports. “It’s a case of looking at it as a glass-half-full, rather than a glass-half-empty,” Geoffrey Yu, head of the U.K. office for UBS Group’s wealth management arm, told the WSJ.
U.S. markets are continuing their run higher over the past few days, with the S&P 500 holding above the 3,300 level, as job openings sunk to their lowest level since roughly 2018, as hiring took off in November, ahead of the holiday season, and the employment market contracted as well, the Labor Department reported Friday. Over the month, hires and separations were little changed at 5.8 million and 5.6 million, respectively. Within separations, the quits rate was unchanged at 2.3 percent and the layoffs and discharges rate was little changed at 1.1 percent.
This represents the best single-month Housing Starts number since way back in March 2006, and underscores a big boost in demand for existing homes.
U.S. markets and stock ETFs rallied Thursday as strong corporate earnings and an improving global trade outlook helped fuel the risk-on sentiment. On Thursday, the Invesco QQQ Trust (QQQ) was up 0.5%, SPDR Dow Jones Industrial Average ETF (DIA) rose 0.7% and SPDR S&P 500 ETF (SPY) gained 0.6%. Adding to the market momentum, better-than-expected profits and revenue from Morgan Stanley (MS) helped maintain the optimism over fourth quarter earnings.
With most blue-chip companies' earnings scheduled over the coming weeks and sentiments being mixed, investors should closely monitor the movement of the Dow ETF.
U.S. markets and stock exchange traded funds slightly pared back gains mid-Wednesday after the United States and China signed the long-awaited Phase 1 trade deal that would roll back some of the tariffs at the height of the trade war. On Wednesday, the Invesco QQQ Trust (QQQ) was flat, SPDR Dow Jones Industrial Average ETF (DIA) was up 0.4% and SPDR S&P 500 ETF (SPY) dropped 0.1%.
Extending its last year's rally, Dow Jones touched 29,000 for the second time in three days, suggesting strong complacency in the market.
U.S. markets and stock ETFs slipped Tuesday on a report that the United States could likely hold onto tariffs on Chinese imports until after the presidential election later this year. On Tuesday, the Invesco QQQ Trust (QQQ) was down 0.39%, SPDR Dow Jones Industrial Average ETF (DIA) was flat and SPDR S&P 500 ETF (SPY) dropped 0.15%. While the Phase 1 trade deal will be signed on Wednesday, the eventual total removal of tariffs would largely depend on Beijing's compliance to this initial trade deal, Reuters reports.
The label was unceremoniously placed on China by the U.S. Treasury Department last August amid escalating trade tensions between the two countries. This bit of market-positive news on the U.S.-China trade front comes just as volatility stemming from political and military conflict between the U.S. and Iran within the past week has cooled. Although geopolitical and trade risks certainly remain, the significant easing of tensions for the time being has propelled substantial market moves.
U.S. markets and stock exchange traded funds advanced Monday as traders looked past the fading geopolitical risks to the upcoming initial trade deal between the United States and China, along with what could be a promising fourth-quarter earnings season. On Monday, the Invesco QQQ Trust (QQQ) was up 0.9%, SPDR Dow Jones Industrial Average ETF (DIA) was 0.2% higher and SPDR S&P 500 ETF (SPY) rose 0.5%. The U.S. and China have agreed to sign a phase-one trade deal Wednesday in an attempt to end a trade war that has rocked global markets, and the two countries are willing to engage in semiannual talks to further resolve disputes, the Wall Street Journal reports.