|Day's Range||0.2000 - 0.2000|
State Street Global Advisors' sector ETF for stocks that sell consumer staples (think toothpaste, toilet paper, fast food, and cheap clothes) tracks a collection of consumer staples. If consumers are able to stretch their dollar further, then the retail sector may see the benefit of consumers who feel a little more flush. Companies such as Dollar General Corporation (DG) Walmart Inc. (WMT), Dollar Tree, Inc. (DLTR), Casey's General Stores, Inc. (CASY), Target Corporation (TGT), and Amazon.com, Inc. (AMZN) have all done well this year.
Market participants are betting on the record-high U.S. indices as about 120 S&P 500 companies are scheduled to release their results this week.
U.S. markets and stock ETFs retreated Friday, stumbling after a strong week, on concerns over global growth in response to poor data out of China. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) was down ...
On Thursday, the Invesco QQQ Trust (QQQ) was up 0.3%, SPDR Dow Jones Industrial Average ETF (DIA) rose 0.1%, and SPDR S&P 500 ETF (SPY) gained 0.3%. For example, Morgan Stanley climbed after the bank beat analysts’ expectations for quarterly profit. Global sentiment also improved after the United Kingdom and the European Union reached a tentative agreement on a new Brexit deal.
U.S. markets and stock ETFs faltered Wednesday after weak U.S. economic data and lingering geopolitical risks kept investors from taking further risk-on bets, despite the overall positive earnings results. ...
On Tuesday, the Invesco QQQ Trust (QQQ) was up 1.3%, SPDR Dow Jones Industrial Average ETF (DIA) rose 1.0%, and SPDR S&P 500 ETF (SPY) gained 1.1%. Traders were going into the earnings season with muted expectations after a protracted trade war and economic weakness weighed on the growth outlook.
On the surface it appears that China and Wall Street won this round of the trade deal. China has taken advantage of the U.S. over the past 40 years. Let’s discuss a potential game plan for investors with the help of a chart.
U.S. markets and stock exchange traded funds were stuck in sideways action, following three consecutive days of back-to-back gains, as a lackluster tentative U.S.-China trade deal kept markets in a holding pattern ahead of the third-quarter earnings season. On Monday, the Invesco QQQ Trust (QQQ) up 0.1%, SPDR Dow Jones Industrial Average ETF (DIA) was flat and SPDR S&P 500 ETF (SPY) dipped 0.1%. The negotiations that ended last week revealed the U.S. and China took a major step to ease the protracted trade war that has weighed on global economy, but the dearth of details left investors wanting, Reuters reports.
Stocks pared gains late Friday but the market still made positive signals as indexes rallied on positive sentiment on the U.S.-China trade war.
U.S. markets and stock ETFs rallied Friday on growing optimism of progress between the U.S. and China trade delegation, with President Donald Trump providing an upbeat evaluation of trade talks. On Friday, the Invesco QQQ Trust (QQQ) was up 1.8%, SPDR Dow Jones Industrial Average ETF (DIA) rose 1.5%, and SPDR S&P 500 ETF (SPY) gained 1.5%. The stock markets strengthened on hopes that the two largest economies in the world can reach an accord and that Beijing is willing to compromise with Washington before the White House hikes tariffs to new levels next week, along with imposing additional levies in December, the Wall Street Journal reports.
What matters, according to the market, are the trade talks between the U.S. and China, and that any possible agreement (on pulling back higher tariffs, etc.) would be a revitalizing tonic.
U.S. markets and stock ETFs maintained their momentum Thursday after President Donald Trump said he would meet with the Chinese trade delegation, adding to hopes of a trade deal. On Thursday, the Invesco QQQ Trust (QQQ) was up 0.5%, SPDR Dow Jones Industrial Average ETF (DIA) rose 0.5%, and SPDR S&P 500 ETF (SPY) gained 0.6%. Trump on Twitter said he would meet Chinese Vice Premier Liu He, the head of the Chinese negotiating team, at the White House Friday, dispelling fears earlier that Chinese leaders would be leaving a day earlier than expected, the Wall Street Journal reports.