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With the S&P 500 getting more expensive as it crosses record high after high, investors can look outside the U.S. for better deals, according to at least two strategists.
Small-cap ETFs have been beating the S&P 500 this year, thanks to a more compelling valuation, decent U.s. economic growth momentum, a dovish Fed and easing trade tensions.
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.
Elon Musk’s SpaceX is all set to blow up a Falcon 9 rocket minutes after its takeoff from Florida on Saturday, according to The Verge . What Happened SpaceX’s unmanned Crew Dragon capsule atop a Falcon ...
The joint operations between the U.S. and Iraqi forces started on Wednesday, two American military officials told the New York Times on condition of anonymity. The operations resumed ten days after the Iraqi Parliament voted to expel all American troops from the country on Jan 5. The United States made its stand on resuming operations in Iraq clear last week.
The Kings will use Consensys' Ethereum blockchain platform Treum to live-bid in-game sports gear. The move will help ensure that every auctioned item the fans purchase is "authenticated," Kings said. The registration of the auctioned gear on blockchain will establish a clear trail of the item's history, according to the Kings, ensuring that the fans aren't duped during the resells.
U.S. House Speaker Nancy Pelosi named a team of House members as prosecutors Wednesday for President Donald Trump's Senate impeachment trial and prepared to walk impeachment articles to the Senate to begin the historic proceeding. The House voted 228-193 to name the managers and send the articles to the Senate. Pelosi's move came as information emerged about text messages among Trump associates that seemed to indicate the now-ousted American ambassador to Ukraine was under surveillance by Trump associates.
The deal marks the first time the U.S. has struck an agreement with China on key areas that are fully enforceable, Mnuchin said. The list includes intellectual property, technology transfer, agriculture, structural issues, financial services, currency and purchasing. The trade deal focuses more on what China will do moving forward, and President Donald Trump will not hesitate to reimpose or lift tariffs on Chinese exports, Mnuchin said.
The steel industry is part of the basic materials sector and consists of companies involved in steel production, mining and related activities. The top steel companies today include Allegheny Technologies, Inc. (ATI) and Ternium S.A. (TA). Over the 12-month trailing period, the steel industry, as represented by the VanEck Vectors Steel ETF (SLX), has seen its price grow by 1.3%, dramatically short of the S&P 500, which has grown by 27.2%. All figures are as of January 14, 2020.
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.
Illiquidity in the U.S. repo market spooked investors in the second half of 2019, and the U.S. Federal Reserve is considering a major policy change that could help remedy the situation. The term “repo” is short for repurchase agreement. Repo loans are overnight loans taken out by small banks and hedge funds that are repaid the following day.
The December jobs report highlighted disappointing wage growth data, showing average hourly earnings rose by only 2.9% over last year and dipped below 3% for the first time in more than a year.
The Ministry of Finance will keep the data secret for five years, it told the country's auditing body, according to official documents seen by Bloomberg. This means that the Mexican government will further hold back on information related to what is described as the largest oil transaction on the Wall Street annually -- an already secretive deal. Mexico hedges against the possibility of rise in oil prices every year with put options, as it seeks to secure one of its largest revenue sources in the state-owned oil company Petroleos Mexicanos, better known as Pemex.