270.13 +1.75 (0.65%)
Pre-Market: 7:05AM EDT
|Bid||269.99 x 500|
|Ask||270.07 x 600|
|Day's Range||267.19 - 269.72|
|52 Week Range||236.91 - 288.69|
|PE Ratio (TTM)||80.91|
|Expense Ratio (net)||0.05%|
The energy sector (XLE) rose 2.6% last week because of the continued surge in oil prices, which will likely remain in focus given that President Trump started tweeting about OPEC and crude prices. The industrial and consumer discretionary sectors rose 2.1% and 1.7%, respectively, while the financial (XLF) sector rebounded by 1.6% due to the increase in bond yields. Large speculators of the S&P 500 Index, which include hedge funds, increased net bullish positions last week.
For the week ending April 13, 2018, the S&P 500 Index closed at 2,656.30 and appreciated 2% due to the surge in energy stocks and lower trade war tension. The weak performers in the S&P 500 Index last week were the utilities, real estate, and telecom services. Large speculators of the S&P 500 Index, including hedge funds, trimmed their net bullish positions last week.
Did China Pacify Trade War Anxiety? The index was primarily impacted by the increasing worry about the trade war between the United States and China. Then on Thursday, the US administration suggested an additional $100 billion worth of tariffs on Chinese imports into the US, taking the total tariffs to $150 billion.
Will New Tariffs Push China to React? At the beginning of 2018, there were reports that China was considering stopping buying US Treasuries (GOVT). As China is the largest foreign holder of US debt, any decline in purchases or even selling by China (FXI) could mean huge trouble for the US bond markets (BND).
Investors pulled $40 billion, the largest amount ever, out of U.S. equity funds last month as negative headlines shook confidence in the stock market, data shows,.
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 world economy is growing, the U.S. economy is growing, and nothing seems radically out of balance in terms of government policy. A central question that one of our investing themes at VanEck looks to address is, “Do you have strategies in your portfolio that will actually adjust to bear market signals?” After 10 straight years of seeing the market going up, it may be hard to think about anything else, but the time may have come for investors to start positioning themselves for a correction. Global economic growth is expected to continue the momentum it has set in the last few quarters.
NorthCoast Asset Management dialed back its equity bets in Q1 for its ETF portfolios for clients' retirement accounts. The firm shifted to Treasuries but kept eurozone and U.S. large cap investments as top holdings for its ETF retirement portfolios. NorthCoast parted ways with foreign equity ETFs focused on Canada and the Pacific region. It also has been closely monitoring the...
China holds an important role within the world economy. If China experiences a slowdown, virtually every asset class would be affected. An interesting development over the past year has been the emergence of “new China”.
Interest rates globally are “normalizing”, kickstarted by the U.S. about two years ago when it stopped quantitative easing and started increasing interest rates. Europe is about two years behind the U.S. on this and is showing signs of tightening. The European Central Bank has started reducing its bond purchases, which is a sign that interest rates could turn positive, but it has a trickier market dynamic to navigate.
Jan van Eck, CEO, shares his investment outlook. U.S. interest rates are continuing to rise, and Europe looks almost ready to follow suit. As interest rates start to “normalize”, opportunities are opening up in emerging markets and commodities.
For the week ended March 23, 2018, the S&P 500 Index (SPX) closed at 2,588.26 and fell ~6.0%, pressured by political and geopolitical uncertainty. An economic shock occurred when President Trump announced $50.0 billion in additional tariffs on imports from China. Large speculators on the S&P 500 Index increased the number of net bullish positions last week.
Market timing is generally agreed to be extremely challenging. Yet seasonal factors do persist in the market over time and could offer you a slight edge when buying or selling.
For the week ending March 16, the S&P 500 Index closed at 2,752.01, a fall of 1.2%, as news about a possible second round of import tariffs could be announced soon and because of the increased political uncertainty at the White House. Two of the major S&P 500 sectors, utilities (XLU) and the real estate (XHB), managed to record gains last week, while the financials (XLF) and the materials sectors were the worst-performing sectors last week. Large speculators of the S&P 500 Index increased their net bullish positions last week.
This inflation report added to the risk appetite that was revived after the tariff flexibility and tepid hourly earnings growth reported in the previous week. Both the payrolls report on Friday and Tuesday’s inflation (TIP) report have increased the odds for a slower pace of rate hikes from the US Fed. In the last five weeks, markets were concerned that faster rate hikes could have an impact on the performance of businesses whose borrowing costs could increase if the Federal rates go up. The inflation report was released before the market opened, and the initial reaction was recorded in the index futures.