270.23 -0.14 (-0.05%)
Pre-Market: 5:53AM EDT
|Bid||270.22 x 500|
|Ask||270.26 x 2500|
|Day's Range||269.88 - 271.30|
|52 Week Range||233.78 - 286.58|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.09%|
Juniper Networks’ (JNPR) revenue fell 11% YoY (year-over-year) in 4Q17, primarily due to weakness in the company’s routing business and cloud vertical. Juniper has attributed this weakness to a shift to scale-out from scale-up architecture among cloud customers. Lower demand from cloud customers has meant that Juniper stock has fallen ~11% since October 2017, when the company announced its preliminary 3Q17 results, which were lower than analyst estimates.
Discover which mutual funds own the largest positions in General Motors, and learn about the investment style and strategy of each of those funds.
Previously, we looked at Phillips 66’s (PSX) 1Q18 estimates. In this part, we’ll evaluate PSX’s stock performance before it posts its results, which expected to be released on April 27, 2018.
Nokia (NOK) has returned 7.5% in the last 12 months, -2.1% in the last month, and 3.7% in the last five days. Nokia stock fell 28% in 2016 and was flat in 2017. Since the start of 2018, it’s risen over 20%. The SPDR S&P 500 ETF (SPY) and the PowerShares QQQ Trust, Series 1 ETF (QQQ) have generated returns of 0.2% and 4.4%, respectively, since January 2018. Analysts’ recommendations and price targets
Equity markets, which have rallied since President Donald Trump’s election, have come under pressure this year. By slashing the corporate tax rate, President Trump provided a one-time boost to US corporations’ bottom-line results. Looking at the equity markets, stocks can rise either with an increase in earnings or with a valuation multiple expansion.
Regardless of where you are in life, it's always important to step back and plan what you want to do with your time and your money.
In the world of finance, geopolitical risk is among the various risks that equity investors face. After imposing tariffs on steel and aluminum imports that targeted several countries, President Donald Trump discussed almost $150.0 billion in tariffs on Chinese goods. China has vowed retaliation and has already imposed tariffs on $3.0 billion of US goods. China has also readied its list of products—totaling almost $50.0 billion—related to potential retaliation if it is hit with US tariffs.
Geopolitical tensions, trade war fears, rate hikes, and market volatility have left investors restless. Geopolitical issues started when President Trump imposed tariffs on steel and aluminum imports. The issues increased due to a potential trade war between the United States and China. Next, President Trump targeted Russia. Sanctions have been imposed on several Russian entities, including aluminum giant RUSAL. Missile attacks on Syria further escalated geopolitical tensions.
How Will March Inflation and Retail Sales Data Affect Markets? According to data provided by the U.S. Bureau of Labor Statistics, the US consumer price index, or the inflation index, fell 0.1% in March 2018 as compared to a 0.2% rise in February 2018. This inflation figure didn’t meet the market expectation of a 0.1% rise.
In the week ending April 6, 2018, US crude oil inventories rose by 3.3 MMbbls (million barrels) to ~428.6 MMbbls. The market expected a fall of 0.6 MMbbls in the EIA’s data on April 11, 2018. On the same day, US crude oil May futures rose 2%. Rising geopolitical tensions in the Middle East pushed oil prices higher despite the bearish inventory data.
On April 16, 2018, US crude oil May futures fell 1.7% from the highest closing level for US crude oil active futures in more than three years. On April 13, 2018, US crude oil May futures settled at $67.39 per barrel. On April 16, US crude oil May futures settled at $66.22 per barrel.
The mixed market sentiment and optimism about earnings season helped the S&P 500 regain strength last week. With the improved sentiment, the S&P 500 started this week on a stable note by closing higher on Monday. All 11 major S&P 500 sectors closed higher on April 16.
As of April 16, 2018, McDonald’s (MCD) was trading at $161.63, a fall of 0.1% from the previous day’s close. The downgrade from Stephens appears to have led the stock to fall to as low as $160.83. However, the stock recovered due to strength in the broader equity market due to the easing of Syria-related tensions. On April 16, the S&P 500 Index (SPY) and the Consumer Discretionary Select Sector SPDR ETF (XLY) rose 0.8% and 0.75%, respectively.
The Alerian MLP Index (^AMZ), which includes 50 energy MLPs, recovered slightly last week from its 2018 lows with week-over-week gains of 3.5%. AMZ was supported by strong gains in crude oil prices and a general recovery in US markets after the trade war tensions eased. MLPs had a strong start last week. However, the gains were slightly offset by declines on Thursday and Friday.
In the previous part of this series, we considered Chevron’s (CVX) segmental outlook for 1Q18. Now, we’ll examine Chevron’s stock performance before its 1Q18 results. Chevron stock has fallen 6.5% since January 2. Oil prices as well as markets impact integrated energy stocks like Chevron, so let’s have a look at their performance in 2018.
The futures market is often an often overlooked source of wealth. Here’s how the market works and how people trade futures contracts. How Do People Trade Futures? Futures markets are based on futures contracts. ...
Five Below (FIVE) is a retail sector stock that investors may want to keep an eye on. The company’s stock has generated YTD (year-to-date) returns of 13.4% as of April 13, 2018. The stock rose ~66% in 2017. Ever since going public in July 2012 at the IPO price of $17, the company has generated a return of 342.6%.
On April 6–13, 2018, upstream stock Gulfport Energy (GPOR) fell the most on our list of energy stocks. During this period, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 7.8%—the second-largest gainer among the energy subsector ETFs discussed in Part 2.
The latest economic data and renewed geopolitical concerns failed to thwart ETF inflows last week. According to FactSet, US-listed ETFs attracted inflows worth $13.2 billion, which took the year-to-date inflows higher to $71.2 billion. All of the major asset classes witnessed positive inflows. US equity ETFs added $6.9 billion, while international equity collected $1.0 billion. US fixed-income ETFs also saw a healthy addition of $4.0 billion amid a rise in the ten-year bond yield to 2.83%—compared to 2.78% last week. International fixed-income garnered $355 million.
The chief decided to shutter the company's social media accounts for all of its hundreds of outlets. It is something that other business leaders should consider doing too!
The past month has not been good for shareholders of Bank of America Corp (NYSE:BAC) with BAC stock down by 6.7% over the past 30 days through April 12. Up 14.8% since Nov. 13, the date I made the statement, BAC stock seriously outperformed the two exchange-traded funds options I suggested investors consider. Should I continue to urge readers to exercise caution when it comes to Bank of America stock despite BAC posting better-than-expected figures?
On April 6–13, 2018, upstream stock California Resources (CRC) was the top gainer on our list of energy stocks. During this period, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 7.8%—the second-largest gainer among the energy subsector ETFs discussed in the previous part.
US stocks plunged on Friday but posted gains for the week amid less geopolitical tension. The NASDAQ Composite (QQQ) was the biggest gainer with a rise of 2.8% and ended the week at 7,106.65. The S&P 500 Index (SPY) rose 2% to 2,656.30, while the Dow Jones Industrial Average (DIA) rallied 1.8% to 24,360.14. Banks’ earnings