|Bid||0.0000 x 800|
|Ask||0.0000 x 800|
|Day's Range||45.4610 - 45.8385|
|52 Week Range||39.5000 - 48.4600|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.63%|
Consumer discretionary ETFs may find support from strong consumer confidence and a tight labor market that helped fuel Americans' spending in the third quarter. According to the Commerce Department, retail sales - a measure of spending at U.S. stores, websites and restaurants - rose 0.5% in July month-over-month, compared to economists’ forecasts for a 0.1% gain, the Wall Street Journal reports. The growth in retail sales was driven by improved spending at grocery stores, restaurants, department stores and clothing stores.
Hiring in America cooled down in July but remained on an expansionary mode. The economy added 157,000 jobs, falling short of analysts’ expectation of 195,000 as surveyed by MarketWatch. This marks the lowest reading since March. However, the shortfall is well accompanied by upward revisions to May and June numbers from 244,000 to 268,000 and from 213,000 to 248,000, respectively.Source: Shutterstock
Hiring in America cooled down in July but remained on an expansionary mode. Against such a backdrop, we have highlighted some ETFs that are expected to gain in the days ahead.
The April JOLTS (Job Openings and Labor Turnover Survey), reported on June 5, provides information on job openings and total separations. The total number of separations include layoffs, retirements, and voluntary quits. According to the report, total separations for April were 5.4 million, which is 3.6% of the total workforce.
Delta Air Lines (DAL) and Aeroméxico have been in partnership for one year as of May 8. After one year, they together offer 1,100 flights per week to 33 cities in the US and ten cities in Mexico with 64 routes. The alliance has served more than 7 million passengers and has improved connectivity between the US and Mexico.
The number of analysts tracking Delta Air Lines (DAL) has remained unchanged for the past nine months. Eighteen analysts are currently tracking DAL, and all of them have recommended “buys” on the stock. There are no “hold” or “sell” recommendations.
Delta Air Lines (DAL) announced its 1Q18 earnings on April 12, 2018. It reported adjusted EPS (earnings per share) of $0.74, a rise of 4.2% on a YoY (year-over-year) basis. It beat analysts’ estimate of $0.73.
The ADP March jobs report was published on April 4, 2018. It offered a deeper insight into employment trends across different sectors in the US employment market. ADP and Moody’s analytics prepare this monthly report.
As of March 15, 2018, the latest short interest data showed that Delta Air Lines’ short interest has increased since its 4Q17 earnings were announced on January 11, 2018. The bearish sentiment in the stock has increased. As of March 15, 2018, Delta Air Lines’ short interest as a percentage of outstanding shares stood at 2.6%. Delta Air Lines’ short interest increased from 2.4% as of January 12, 2018. For the same period, the stock price fell from $59.83 to $56.34.
The ADP February jobs report was published on March 7, 2018. It offered a deeper insight into the employment trends across different sectors in the US employment market. This report is prepared by ADP, a human resource management solutions provider, in collaboration with Moody’s Analytics.
ADP, a human capital management solution provider, releases a monthly report on US non-farm employment. This report contains changes to the level of hiring and employment across different sectors in the United States. Due to its presence in multiple countries, ADP has a unique insight into the trends in employment markets. Its monthly report is prepared by using actual, anonymous payrolls data of 411,000 US clients that ADP services.
The Conference Board uses the average weekly unemployment claims as a key constituent of its LEI (Leading Economic Index). An optimal level of employment is one of the key ingredients for a healthy economy, and rising unemployment is a red flag for the economy and could eventually lead to a recession. The Conference Board thus uses weekly claims data (instead of monthly non-farm payrolls) because weekly claims, when adjusted for seasonality, can provide a more accurate account of the underlying economic conditions.
The ADP January jobs report, which offers insight into employment trends, was published on January 31. The ADP report is prepared by ADP, a human management solutions provider, in collaboration with Moody’s Analytics. Mark Zandi, the chief economist of Moody’s Analytics, said that the job market’s strong start in 2018 could mean that 2018 could be the eighth consecutive year where the US economy has added more than two million jobs.
Sexual harassment allegations targeted at casino magnate Steve Wynn have pulled the rug from under Wynn Resorts (NasdaqGS: WYNN), dragging on entertainment and gaming-related exchange traded funds. The ...
As per the latest JOLTS report, about 2.1 million Americans quit their jobs voluntarily in August, which was a decrease of 70,000 from the previous reading.
For 3Q17, American Airlines' (AAL) earnings are expected to fall 14.8% YoY to $1.50 per share due to an 18.4% YoY decline in net profits.