|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||17.23 - 17.43|
|52 Week Range||13.17 - 17.55|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.87%|
The S&P 500 rose ~0.1% to 2,708.64 on April 18, 2018. The index rose slightly due to bullish momentum in the energy and industrial sectors. Five out of ten major sectors in the S&P 500 rose on April 18, 2018.
The S&P 500 rose ~1.1% to 2,706.39 on April 17, 2018, due to optimism about strong 1Q18 earnings results. Analysts estimate that S&P 500 companies’ earnings could rise 18.6% in 1Q18, which would be the highest increase in seven years, according to Reuters. Nine out of the ten major sectors in the S&P 500 rose on April 17, 2018.
The S&P 500 rose ~0.8% to 2,677.84 on April 16, 2018, due to easing geopolitical tensions in the Middle East and optimism about strong 1Q18 earnings results. All of the 11 major sectors in the S&P 500 rose on April 16, 2018. The subsector classification is based on the S&P 500 GICS (Global Industry Classification Standard) indices.
The S&P 500 rose ~0.8% to 2,663.99 on April 12, 2018, due to optimism about strong 1Q18 earnings results. Six out of the 11 major sectors in the S&P 500 rose on April 12, 2018.
The S&P 500 rose ~1.7% to 2,656.87 on April 10, 2018, due to growing optimism that the US and China could resolve the trade conflict without damaging the global economy. On April 10, 2018, China’s president promised to cut import tariffs. Nine out of the 11 major sectors in the S&P 500 rose on April 10, 2018.
The S&P 500 rose ~0.3% to 2,613.16 on April 9, 2018, due to the expectation of easing trade war tension between the US and China. The index pared gains in the evening after the FBI raided Michael Cohen’s office—President Trump’s lawyer. Six out of the 11 major sectors in the S&P 500 rose on April 9, 2018.
Once again interest rates are rising along with commodity prices. This economic upturn has been the slowest post-war expansion we have experienced and is soon to become the longest. Consequently, the global economic expansion has taken longer than expected but is gaining momentum.
The March 21 announcement by new Fed Chairman Jerome Powell indicated that the Federal Reserve is likely to be more aggressive in its rate hiking policy over the next few years as the effects of reduced business regulation, broad fiscal spending, and stimulative tax cuts are fully incorporated into the economy. After nearly a decade of the effective Federal Funds Rate hovering around 0%, we feel the time for investors to critically evaluate their portfolio’s performance in rising interest rate environments has arrived. Looking at tables of historical performance for a number of asset classes in rate hiking cycles over the last 50 years, perhaps most striking is the performance of commodities—including gold.
With global growth kicking in and fueling demand, commodities are well positioned for a strong year. Beyond the macro trends, commodity companies have been undergoing a rationalization process over the past few years. This has provided added support for prices.
E*TRADE Financial Corporation today announced a significant expansion of its commission-free exchange-traded fund lineup, all of which are non-proprietary:
The first half of 2017 has seen Goldman's strategy team put out wrong calls about the dollar, commodities and bond yields.
Learning how Harvard, Stanford and Yale invest billions could help the average individual investor with their portfolio