|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's Range||93.67 - 96.52|
|52 Week Range||58.01 - 115.22|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||2.99|
|Expense Ratio (net)||0.95%|
Optimism is prevailing around U.S.-Sino trade, oil price and U.S. government shutdown. This should boost the following leveraged ETFs.
The Dow Jones Industrial Average (DJIA) is the granddaddy of all stock indexes. Often called the Dow, this index began in 1896 and is considered the primary indicator of the health of Wall Street and the broader financial market.
The month of July was strong for the U.S. stock market with the S&P 500 re-claiming its 2800 level despite escalating trade worries. The rally was fueled by strong corporate earnings, accelerating economic growth, and the perception that American stocks are largely insulated from potential trade wars.Source: Shutterstock
Trade tensions between the United States and China dragged the Dow down 200 points at Monday morning's market open after U.S. President Donald Trump introduced a 25 percent tariff on $50 billion of Chinese goods last Friday. After President Trump's opening salvo, China countered with a 25 percent tariff on $34 billion of U.S. goods. According to President Trump, Chinese goods affected by the tariffs include those "that contain industrially significant technologies." The affected 818 Chinese imports was worth about $34 billion--a measure that would take place on July 6.