|Bid||109.24 x 900|
|Ask||109.26 x 900|
|Day's Range||107.51 - 109.50|
|52 Week Range||68.18 - 116.82|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.95%|
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.