|Bid||149.82 x 1500|
|Ask||149.83 x 500|
|Day's Range||149.08 - 149.91|
|52 Week Range||114.88 - 150.68|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
India’s manufacturing PMI (Purchasing Managers’ Index) report for September 2017 indicates no change in manufacturing activity compared to August 2017.
U.S. equities mostly moved higher on Monday following in the wake of the S&P 500’s fifth consecutive weekly rise. In the end, the Dow Jones Industrial Average gained 0.4%, the S&P 500 gained 0.2%, the Nasdaq Composite gained 0.3% and the Russell 2000 was unchanged.
Dimon also believes that tax reform could help US businesses be more competitive globally. However, Warren Buffett believes US businesses aren’t really hurting from the US corporate tax.
Jamie Dimon, JPMorgan Chase's (JPM) CEO, believes that the Trump administration's tax reform framework “has all of the key ingredients to fuel economic expansion.”
When we keep hoping that the market will act differently, we tend to forego the opportunities that do exist.
In 2016, Puerto Rico defaulted on constitutionally guaranteed GO (general obligation) bonds. On May 3, 2017, Puerto Rico filed for Title III bankruptcy.
The ADP National Employment Report for September 2017 showed some weaker improvement in private sector employment to 135,000 in September compared to the market’s expectation of 125,000.
The performance of municipal bonds has fallen since the 2016 election, as President Trump’s tax reform and infrastructure spending plans have caused some concern among investors.
In the end, the Dow Jones Industrial Average lost 0.1%, the S&P 500 lost 0.2%, the Nasdaq Composite lost 0.2% and the Russell 2000 lost 0.4%. Treasury bond trading was closed for Columbus Day, the dollar was weaker, gold gained 0.8% and crude oil added 0.6%. Walgreens Boots Alliance (NASDAQ:WBA) fell 3.2% to hit levels not seen since late 2014.
The bulls won another round last week as the month of October kicked off with an up-note in the stock market. As such, allow me to reiterate my top three near-term risk factors for the U.S. stock market. The Federal Reserve will begin shrinking its $4.5 trillion balance sheet.
The US economy has been improving gradually, but some businesses in the US have suffered a lot over the years.