|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||147.17 - 149.03|
|52 Week Range||130.29 - 150.68|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
U.S. equities moved lower again on Wednesday, pushing the major averages down to levels not seen since the middle of October. In the end, the Dow Jones Industrial Average lost 0.6%, the S&P 500 lost 0.6%, the Nasdaq Composite lost 0.5% and the Russell 2000 lost 0.5%. It was the second-straight loss for large caps and the fourth decline in the past five days.
Without question, iShares exchange-traded funds (ETFs) offer investors a wide variety of low-cost index funds, making iShares a good one-stop shop for building a diversified portfolio with the best ETFs to buy and hold for the long term.
In 2017, the PetMed Express (PETS) website attracted ~32.0 million visitors, ~8.0% of whom placed an order for a conversion ratio of ~25.0%.
It is premature to think that this market has hit a top until there is further evidence in the price action.
The S&P 500 as represented by the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 17% for the year while its smaller cap cousin the Russell 2000 as represented by the iShares Russell 2000 ETF (NYSEARCA:IWM) is up close to 10%.
When it comes to investing, small-cap stocks beat large caps as the best ETFs to buy. After all, it’ll take a lot of a behemoth like International Business Machines Corp. (NYSE:IBM) to get the ship moving. Which is why small-cap stocks have tacked on an extra 253% in cumulative extra returns over large-cap stocks.
U.S. equities were hit hard on Thursday, with the Dow Jones Industrial Average losing more than 200 points at the lows, in the worst bout of selling pressure in months. The catalyst was the ongoing machinations of tax reform legislation, with the Senate GOP reportedly considering a phase-in of the 20% corporate tax rate, the elimination of the state and local tax exemption and other changes that the Street wasn’t so happy about. Another catalyst was a surge of China inflation, which could push up inflation measures around the world via export prices.
In the end, the Dow Jones Industrial Average gained a fraction, the S&P 500 gained 0.1%, the Nasdaq Composite gained 0.3%, and the Russell 2000 gained 0.2%. Treasury bonds were weaker, the dollar was little changed, gold gained 0.6% and oil lost 0.7%. Click to EnlargeBreadth was mixed and NYSE activity was 110% of the 30-day average.
In the end, the Dow Jones Industrial Average gained a fraction, the S&P 500 lost a fraction, the Nasdaq Composite lost 0.3%, and the Russell 2000 lost 1.3%. Valeant Pharmaceuticals Intl Inc (NYSE:VRX) gained 17.1% after reporting operating earnings 3% ahead of estimates as management said it was on track for its de-leveraging goals.
Charges of corruption in Saudi Arabia has put $33 billion of personal wealth at risk. After Prince Alwaleed Bin Talal’s arrest on corruption charges, his Kingdom Holdings Company plunged, losing more than $1 billion in share value. The shake-up and uncertainty did just the opposite for oil prices, as black gold flies over $57 per barrel.
It’s a big earnings week for a battered industry-- retail. Shares of Macy’s and Kohl’s are moving today after reporting mixed third quarter results. Nordstrom will report after the close today, JCPenney releases its results tomorrow. Yahoo Finance's Alexis Christoforous and Rick Newman discuss with David Nelson of Belpointe Asset Management.
Stocks are at all-time highs. Business and consumer confidence is surging. What could go wrong? Yahoo Finance's Justine Underhill discusses three bear market warning signs.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss the flattening yield curve in the US, where short-term rates are rising as long-term rates are heading lower, which could eventually spell trouble for the stock market rally.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss the US dollar getting stronger — a reversal from what it's been doing most of 2017.