63.26 -0.08 (-0.13%)
After hours: 4:28PM EDT
|Bid||63.03 x 1000|
|Ask||65.99 x 200|
|Day's Range||62.86 - 64.01|
|52 Week Range||49.31 - 65.33|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
Exchange-traded funds that track and financial and banking sectors rose sharply on Wednesday, after the Federal Reserve raised interest rates, as had been widely expected. The Financial Select Sector SPDR ...
The Senate recently passed a bill to loosen some of the more draconian regulatory restrictions placed on banks in response to a post-financial downturn environment, potentially giving financial stocks ...
The SPDR S&P Regional Banking ETF (NYSEArca: KRE), the largest regional bank exchange traded fund, is up more than 10% year-to-date and some market observers believe regional bank stocks offer more upside. ...
A jobs report that was just about as good as it gets easily overshadowed uncertainty from trade wars and geopolitics on Friday. News that President Trump will meet with the North Korea leader offered a ...
Threats of inflation, faster-than-expected interest rates, and the possibility of a trade war are playing foul in the U.S. stock market. President Trump announced his plan to impose severe tariffs of 24% on steel imports and 10% on aluminum imports “for a long period of time.” This would result in higher prices for a wide range of products thereby hurting a number of industries and overall economic growth.
The bond experts in the financial media have been warning about the bond bear market for several months. However, the recent data from the futures markets suggests that their timing may be off, let's take a look.
Nearby support on the charts of charts of key financial ETFs suggests that this will be the sector to watch in the weeks and months ahead.
The Direxion Daily Regional Banks Bull 3X Shares (NYSE:WDRW) gained more than 4 percent Wednesday after minutes from the Federal Reserve's most recent meeting revealed that the central banks sees an “ ...
Exchange-traded funds that track the banking sector surged on Wednesday, after minutes from the Federal Reserve's most recent meeting pointed to higher odds for more rate hikes going forward. The SPDR ...
The SPDR S&P Regional Banking ETF (NYSEArca: KRE), the largest regional bank ETF, is up nearly 3% to start 2018 and some options traders are taking another look at the popular fund. KRE and rival regional ...
As an executive with a fund company that prides itself on bottom-up stock picking, Franklin's Peter Langerman isn't all that comfortable with making market pronouncements, especially in times of sudden volatility. "Our primary job is looking at securities and not on making market predictions," says Langerman, the CEO of Franklin Mutual Advisers, a $65-billion-asset investment arm of colossus Franklin Templeton Investments. It’s an indication that the economy is moving along reasonably well," says Langerman, who is also a portfolio co-manager with several Franklin funds.
Stock markets have received mixed signals of late, as bond yields rose across the board while stock prices continued their advance. Inverse bonds, which benefited from the move to equities, took first place in the trends’ list this week. Wheat ETFs were second as the agricultural commodity is forecasted to have hard times ahead. Regional banks were third, while transportation and financials closed out the list. Check out our previous trends edition at Trending: Cocoa Doomsayers Put Embattled Commodity in Spotlight.
Largely absent during the economy’s eight-year recovery from the financial crisis, inflation is on track to pick up in 2018—and it might just catch investors off-guard. The core consumer price index, which strips out energy and food, was up just 1.7% year over year in November. “An unanticipated acceleration in inflation is probably the biggest risk for markets in 2018,” says Larry Hatheway, chief economist at GAM Investments and head of GAM Investment Solutions.
After negotiating on two versions of the bill already passed by the House and Senate, Republicans unveiled their final tax bill — which would reshape the tax code in three decades, making America more competitive. The Congress will vote on the legislation on Tuesday and sent it to President Donald Trump for his signature by the end of the year.Source: Shutterstock
Stocks held modest gains Monday as Apple and Disney led the Dow, and Bitcoin's price leapt following a futures launch.