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Joining Yahoo Finance's Myles Udland is Brian Shannon, CMT and founder of www.alphatrends.net, who breaks down the price action in the SPDR S&P 500 ETF (SPY) and the Invesco QQQ Trust (QQQ) as well as Take-Two Interactive (TTWO).
Maybe environmental, social, and governance, or ESG, investing is a sustainable strategy, after all. Barron’s fourth annual ranking of big-cap equity mutual funds that received an “above average” or “high” sustainability rating from (MORN) shows that they outperformed comparable funds with lower sustainability ratings. The 189 actively managed funds that met those criteria returned 30% in 2019, just shy of the 31.5% that the S&P 500 index returned for the year.
This represents the best single-month Housing Starts number since way back in March 2006, and underscores a big boost in demand for existing homes.
U.S. markets and stock ETFs rallied Thursday as strong corporate earnings and an improving global trade outlook helped fuel the risk-on sentiment. On Thursday, the Invesco QQQ Trust (QQQ) was up 0.5%, SPDR Dow Jones Industrial Average ETF (DIA) rose 0.7% and SPDR S&P 500 ETF (SPY) gained 0.6%. Adding to the market momentum, better-than-expected profits and revenue from Morgan Stanley (MS) helped maintain the optimism over fourth quarter earnings.
Losing IPO Companies Match Dot Com Bubble Record The Wall Street Journal reports that the initial public offering market is showing serious signs of bubble territory. Over three quarters of all companies that conducted an IPO over the last two years are money-losing companies. That is a record high matched in 1999 at the peak […]The post Market Morning: IPO Losers, Impeachment Begins, Yamaha Warning, Southwest Cancels More 737 Flights appeared first on Market Exclusive.
U.S. markets and stock exchange traded funds slightly pared back gains mid-Wednesday after the United States and China signed the long-awaited Phase 1 trade deal that would roll back some of the tariffs at the height of the trade war. On Wednesday, the Invesco QQQ Trust (QQQ) was flat, SPDR Dow Jones Industrial Average ETF (DIA) was up 0.4% and SPDR S&P 500 ETF (SPY) dropped 0.1%.
U.S. markets and stock ETFs slipped Tuesday on a report that the United States could likely hold onto tariffs on Chinese imports until after the presidential election later this year. On Tuesday, the Invesco QQQ Trust (QQQ) was down 0.39%, SPDR Dow Jones Industrial Average ETF (DIA) was flat and SPDR S&P 500 ETF (SPY) dropped 0.15%. While the Phase 1 trade deal will be signed on Wednesday, the eventual total removal of tariffs would largely depend on Beijing's compliance to this initial trade deal, Reuters reports.
The label was unceremoniously placed on China by the U.S. Treasury Department last August amid escalating trade tensions between the two countries. This bit of market-positive news on the U.S.-China trade front comes just as volatility stemming from political and military conflict between the U.S. and Iran within the past week has cooled. Although geopolitical and trade risks certainly remain, the significant easing of tensions for the time being has propelled substantial market moves.
U.S. markets and stock exchange traded funds advanced Monday as traders looked past the fading geopolitical risks to the upcoming initial trade deal between the United States and China, along with what could be a promising fourth-quarter earnings season. On Monday, the Invesco QQQ Trust (QQQ) was up 0.9%, SPDR Dow Jones Industrial Average ETF (DIA) was 0.2% higher and SPDR S&P 500 ETF (SPY) rose 0.5%. The U.S. and China have agreed to sign a phase-one trade deal Wednesday in an attempt to end a trade war that has rocked global markets, and the two countries are willing to engage in semiannual talks to further resolve disputes, the Wall Street Journal reports.
Diamonds set an all-time high of $290.04 on Jan. 10 with its annual risky level at $299.53. Spiders set a record $327.55 on Jan. 13 with its semiannual risky level at $329.37. QQQ is above its annual pivot at $215.71.
U.S markets and stock ETFs wobbled between gains and losses, Friday, on an underwhelming jobs report and easing Middle East tensions. On Friday, the Invesco QQQ Trust (QQQ) was up 0.1%, SPDR Dow Jones Industrial Average ETF (DIA) was 0.2% lower and SPDR S&P 500 ETF (SPY) rose 0.1%, with the Dow Jones Industrial Average reaching toward the 29,000 level for the first time and its quickest new 1000-point milestone since January 2018. The employment numbers were also not enough to affect the outlook that the Federal Reserve would hold interest rates where they are now for the year ahead.