153.56 +1.32 (0.87%)
Pre-Market: 5:10AM EST
|Bid||153.63 x 1000|
|Ask||153.67 x 1000|
|Day's Range||150.58 - 153.25|
|52 Week Range||132.40 - 155.41|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
To receive further updates on this iShares Russell 2000 Index (ETF) (NYSEARCA: IWM) trade as well as an alert when it’s time to take profits, sign up for Power Options Weekly today and take advantage of our limited-time $19.95 + 1 month FREE Holiday Savings Special. On the other hand, there may be an incentive to sell in December this year, particularly by the big money-managers, because the new tax bill is going to be uncomfortable for many of their firms. Most of these money-managers are operating in states that have very high state and local taxes, which are no longer going to be exempted under the new tax bill, and that is going to motivate many of them to take profits and get out of the market before the beginning of 2018.
According to the US Bureau of Economic Analysis, the US GDP saw an annualized growth rate of 3.3% in 3Q17, which was above the preliminary market (QQQ) (IWM) expectation of…
According to IHS Markit, the US manufacturing PMI (purchasing managers’ index) stood at 53.9 in November 2017. The preliminary estimate was 53.8. In October 2017, the manufacturing PMI score was 54.6. ...
U.S. equities dribbled lifelessly lower on Wednesday — with tax reform, government shutdowns, and geopolitics dampening spirits. In the end, the Dow Jones Industrial Average lost 0.2%, the S&P 500 lost a fraction, the Nasdaq Composite gained 0.2% and the Russell 2000 lost 0.5%. Technology stocks led the way with a 0.8% gain while energy was the laggard, down 1.3%.
U.S. equities drifted lower on Tuesday as Wall Street continues to respond rather tepidly to the outcome of the over-the-weekend passage of the GOP’s tax reform proposal. Some of it is sector rotation out of low-tax areas like technology (the site of recent upward price momentum) into high-tax areas like telecoms, consumer staples and retailers (all of which have been laggards lately). This means many would actually pay a higher tax rate than the GOP intended, diminishing the benefit of the reforms in the first place.
In the end, the Dow Jones Industrial Average gained 0.2%, the S&P 500 lost 0.1%, the Nasdaq Composite lost 1.1%, and the Russell 2000 lost 0.3%. Performance divergence between the S&P 500 and the Nasdaq has continued for six days now, reaching the highest level since May 2009. Microsoft Corporation (NASDAQ:MSFT) lost 3.8% and was among the hardest hit tech stocks as it fell out of a three-month trading range.
It looks like we'll get tax cuts approved before year end. And that will give us two of the four pillars of Trumponomics underway in the first year of the new administration ...
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the outlook for stocks next year.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss what the Federal Reserve will do in 2018 — particularly if wage pressures pick up.
The “Fast Money Halftime Report” traders discuss how tax reform could impact U.S. equities as it promises more jobs in the country.
The “Fast Money” traders share their final trades for the day including Twitter, Golar LNG, iShares Russell 2000 ETF and Goldman Sachs.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith to discuss wage growth, which fell short of Wall Street expectations in the latest BLS Employment Situation report.
Yahoo Finance's Alexis Christoforous and Jared Blikre discuss the market action after the BLS Employment Situation job numbers were released this morning.
Yahoo Finance's Alexis Christoforous and Jared Blikre discuss the chaos in bitcoin trading and why the new bitcoin futures set to launch on the CBOE Sunday evening might be a dud.
Yahoo Finance’s Jared Blikre breaks down the latest cryptocurrency craze that's weighing down the entire ethereum blockchain. CryptoKitties are selling for as much as $100 and set to soar higher.