|Bid||276.43 x 4000|
|Ask||276.44 x 800|
|Day's Range||274.95 - 276.61|
|52 Week Range||239.96 - 286.58|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.09%|
Key U.S. index funds pared their losses Monday afternoon, though Intel’s big drop continued to weigh on the Dow and semiconductor ETFs.
On June 8–15, Whiting Petroleum (WLL) and California Resources (CRC) fell the most on our list of energy stocks. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 3.9% last week—the second-highest decline among the major energy subsector ETFs that we looked at in Part 2 of this series.
On June 8–15, Southwestern Energy (SWN) was the top gainer on our list of energy stocks. During the same period, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 3.9%—the second-highest decline among the major energy subsector ETFs we discussed in the previous part of this series.
IN THE NEWS Week after week in 2018, cryptocurrency investors have been hit by a stream of negative headlines about increasing regulation and cryptocurrency-related thefts, hacks and scams. But even in ...
Gold prices took a hit at the end of last week, and it has some observers concerned. Here's what you need to know: Gold bars manufactured in Kasimov. Gold prices mostly move down when the dollar gains strength. And it has been strong since January against the world's other leading currencies such as the Japanese yen, the euro, and the British pound. When the dollar gains value, then expect gold prices to fall. Since late January the value of the dollar index versus major currencies has risen by around 5%, according to data from the Federal Reserve Bank of St. Louis.
While they are different asset classes, price movements for the broader equity markets and bitcoin began tracking each other after the cryptocurrency exploded in popularity last year. Similarly, both bitcoin and cryptocurrencies reached lows during February and March amid a sell-off.
According to the latest survey from the American Association of Individual Investors (AAI), the bullish percent rose 5.8 points to 44.8%, the highest reading since the February 15 reading at 48.5%. From the January 2016 low to the January 2018 high, EEM gained 96%.
Traders can expect more volatility this week following President Trump's tariffs on Chinese goods and the strengthening of the U.S. dollar. President Trump announced a 25 percent tariff on $50 billion worth of Chinese goods that contain "industrially significant technologies" last Friday, which many experts believe could mark the beginning of a trade war between the U.S. and China. The White House indicated that it would impose tariffs on aerospace, robotics and machinery in response to the "unfair practices related to the acquisition of American intellectual property and technology." China has threatened to retaliate with its own tariffs on soybeans, meat, whiskey, airplanes and cars.
Theranos Inc., a consumer healthcare technology startup once valued at $10 billion and which claimed it would revolutionize the blood testing industry, got in serious trouble. Once a rising star in Silicon Valley, Theranos CEO Elizabeth Holmes, and former company president Ramesh Balwani were charged by the SEC for massive fraud. Theranos and Holmes have agreed to settle subject to a court approval.