51.48 -0.62 (-1.19%)
Pre-Market: 8:48AM EST
|Bid||50.05 x 100|
|Ask||51.40 x 100|
|Day's Range||52.05 - 52.81|
|52 Week Range||45.74 - 57.82|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.49%|
Emerging Markets A weird thing happened in emerging market stocks after this month’s market stumble: Latin America started outperforming. Brazil and its South American neighbors offer a very different investment proposition from the East Asian nations that dominate the asset class—one that is heavily commodity-linked, prone to political upheaval, and buoyed by free-spending consumers.
Even amid fears surrounding the North American Free Trade Agreement (NAFTA), the iShares MSCI Mexico Capped ETF (NYSEArca: EWW), the largest ETF dedicated to Mexican equities, is up about 3% this year. ...
Mexican stocks were supposed to be vulnerable to the idea of Donald Trump in the White House, but the MSCI Mexico IMI 25/50 Index gained 14.5 percent last year. However, that lagged the MSCI Emerging Markets ...
Mexico blasted Washington's decision to slap around 30% tax duties on imported solar panels over the next few years. This could be a sign of things to come for next NAFTA round.
It doesn't seem like the best time to own Mexican stocks. There's the risk that Nafta falls apart completely, that left-leaning Andrés Manuel López Obrador, who is ahead in the polls, wins July's upcoming presidential election, and that inflationary pressures pushes the central bank to raise rates further, slowing an already sluggish economy. Despite Mexico facing more than a few challenges, Barclays strategists see an opportunity, with 10% median gains for Mexican stocks broadly--and more for its top picks.
Shares of companies and ETFs that benefited under NAFTA are falling after a report that President Trump could announce an exit.
Global stocks had a great 2017, but the gains last year have contributed to a situation where nearly every country on earth has an equity market that looks expensive.
In November 2017, Mexico’s (EWW) manufacturing activity rose after falling sharply in October 2017. Its manufacturing PMI (purchasing managers’ index) rose to 52.4 in November from 49.2 in October, according ...
Emerging market stocks have outpaced their developed market peers by about 10 percentage points this year, as the iShares MSCI Emerging Markets exchange-traded fund (EEM) has rallied 32% this year to the SPDR S&P 500 ETF's (SPY) 20% rise. In a recent report, Lapthorne notes that the weak dollar is the source of emerging markets' outperformance and says the trend is becoming to look tired. Much of the recent weakness has come from a sell-off in companies with the poorest balance sheets, which had been big winners for much of the year. "This is hardly a disaster yet, but with balance sheet related problems and events becoming more common across the newswires, this is certainly one to watch, as stronger (or indeed no longer falling) US dollar and Emerging Market debt problems often go hand in hand," the Lapthorne writes.
The iShares MSCI Mexico Capped ETF (NYSEArca: EWW), the largest ETF dedicated to Mexican equities, is lower by about 4.6% over the past month and negotiations surrounding the North American Free Trade ...
The iShares MSCI Mexico Capped ETF (NYSEArca: EWW), the largest ETF dedicated to Mexican equities, is slumping. Down about 8% over the past month, the ETF is now up 14% this year, meaning its year-to-date ...
Mexico will be in trouble if Trump pulls the plug on this decades-old trade arrangement between the three, interlocked North American economies.
Leading up to and immediately following the 2016 U.S. presidential election, the iShares MSCI Mexico Capped ETF (NYSE: EWW ) was one of the worst-performing emerging markets single-country exchange-traded ...
CNBC's Dominic Chu reports that ETFs tracking Canada and Mexico are falling after reports that President Trump is expected to announce a withdrawal from the North American Free Trade Agreement.