|Day's Range||9.20 - 9.20|
Chipotle Mexican Grill reports Q3 2019 earnings after the market close on Oct. 22. Investors will want to see whether the chain can continue its strong comparable store sales growth.
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.
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
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 ...
Nervous investors are reducing their holdings of stock funds at a brisk pace, amid unresolved trade conflicts and slowing economic growth.
On the surface it appears that China and Wall Street won this round of the trade deal. China has taken advantage of the U.S. over the past 40 years. Let’s discuss a potential game plan for investors with the help of a chart.
U.S. markets and stock exchange traded funds were stuck in sideways action, following three consecutive days of back-to-back gains, as a lackluster tentative U.S.-China trade deal kept markets in a holding pattern ahead of the third-quarter earnings season. On Monday, the Invesco QQQ Trust (QQQ) up 0.1%, SPDR Dow Jones Industrial Average ETF (DIA) was flat and SPDR S&P 500 ETF (SPY) dipped 0.1%. The negotiations that ended last week revealed the U.S. and China took a major step to ease the protracted trade war that has weighed on global economy, but the dearth of details left investors wanting, Reuters reports.
China wants further talks in October to over the details of the "Phase One" trade deal set out by President Donald Trump before getting Xi Jinping to sign it, Bloomberg reports. Last Friday, Trump said the U.S. and China reached an initial but “substantial” trade agreement dealing with intellectual property, major agricultural purchases and financial services. The deal would avert a new round of tariffs on China, and includes an agreement by the Chinese to purchase up to $50 billion worth of agricultural items.
The United States bond market never officially shuts down, but it observes the holiday trading schedule recommended by the Securities Industry and Financial Markets Association ( SIFMA ). Bond market holidays ...
The next economic downturn is likely to be modest at most, according to the professor who established the yield curve as a recessionary indicator.