|Day's Range||19.74 - 19.74|
Ongoing uncertainties are likely to weigh on stock prices long after the U.S. elections in 2020. JPMorgan recommends these strategies for investors.
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.
Many investors are getting excited about the Brexit deal. Some excitement is warranted because it took years of wrangling for the U.K. and the European Union to reach a deal at the last minute. Northern Ireland’s Democratic Unionist Party does not support the deal.
The traditional weight rule of 60/40 for a retirement portfolio should no longer be relied upon, per some strategists. Hawkish investors can play their theory with some dividend-heavy ETFs.
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. ...
The SPDR S&P 500 ETF Trust (NYSE: SPY) has rallied 1.4% since President Donald Trump announced the U.S. and China have agreed to Phase I of a trade deal that takes Oct. 15 tariff hikes off the table for now. While investors cheered the news that the trade war will not be escalating, some critics said Friday’s trade news isn’t enough to get the market to new highs. The Phase I deal provided no relief from current trade war tariffs and it contained no provisions that would boost global growth from current levels.
Berkshire Hathaway has been a major market laggard in one of the greatest bull markets, leading a longtime fan of Warren Buffett to dump his holdings.
Stocks were off slightly as investors considered a mixed batch of U.S. economic data, ongoing geopolitical concerns and more corporate earnings. Earlier in the session, the Dow briefly broke into positive territory.
As online brokers slash their fees, more investors are finding their way to exchange-traded funds, and for more reasons, executives of the ETF market share leader told analysts
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.
Meanwhile, the latest release of the Global Fund Manager Survey by Bank of America Merrill Lynch reveals that leading investment managers around the world also are getting nervous, reporting that their holdings of cash, defensive stocks, and bonds are at historically high levels, with cash topping the list. Investors are suffering from “bearish paralysis" resulting from worries about the trade war, Brexit, the Trump impeachment investigation, and the possibility of a recession ahead, strategists at BofAML led by Michael Hartnett write in a recent note to clients, as quoted in another Bloomberg article.
The major U.S. benchmarks have weathered an October market whipsaw, rising amid potentially consequential mid-month price action, writes Michael Ashbaugh.
Regular trading hours are 9:30 a.m. to 4 p.m. ET, but the major U.S. stock exchanges close early on certain days ahead of or just after market holidays.
China will struggle to buy $50 billion of U.S. farm goods annually unless the U.S. rolls back tariffs on the coutnry's products, Bloomberg reported Tuesday. On Friday, President Donald Trump said the ...