|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||40.65 - 42.89|
|52 Week Range||25.59 - 64.44|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.89%|
The primary reason cited by the FOMC (Federal Open Market Committee) for holding off on interest rate hikes since 2016 was lagging inflation growth. Whenever the Fed signaled rate hikes, the yield curve flattened since investors were not convinced that inflation (TIP) growth would pick up the pace, which would limit the Fed’s ability to raise rates. The Fed has set a target of 2% inflation (VTIP) growth, at which point the economy is expected to be running at a normal pace.
There are some reports that the US could press for more sanctions on Russia this week, which could increase the volatility in global indexes. Apart from geopolitical issues, President Trump’s legal issues and China’s trade issues could also keep investors away from the markets. Markets are hoping for a solid earnings season, which kicked off last week.
The FOMC staff review indicated that US financial markets have been turbulent since the last meeting, which resulted in increased equity market volatility (VXX) and lower equity (VOO) asset prices. The reason cited for the increased equity market volatility was the surprising uptick in average hourly earnings in the January employment report, which made investors concerned about higher inflation and the interest rate increase. ...
China retaliated by floating a 25% levy on U.S. soybean imports, sending the commodity’s price plunging and gearing up for a high-stakes clash between the two countries. While soybeans ranked first on the list, it also caused Brazil to enter the podium due to its position as the second-largest soybean producer in the world and also a potential beneficiary of the trade spat between the U.S. and China. Homebuilders came in third as new home orders surged amid a strong housing demand that benefits from low unemployment and rising wages. Volatility continued to be of interest as markets ebb and flow amid global political uncertainty, while small-cap value equities are appealing to investors who just got out of the big names.
Did China Pacify Trade War Anxiety? The index was primarily impacted by the increasing worry about the trade war between the United States and China. Then on Thursday, the US administration suggested an additional $100 billion worth of tariffs on Chinese imports into the US, taking the total tariffs to $150 billion.
The trade war turmoil that rocked markets last week seemed to retreat on Tuesday after President Xi Jinping made a market-calming speech. In response, White House adviser Peter Navarro said that the doors were open for trade talks.
This is about Intellectual Property - not about tariffs, which is why the situation will get worse before it gets better - plus that is the President's style.
The Bureau of Economic Analysis (or BEA), which is a part of the US Department of Commerce, releases a monthly report on personal income, disposable personal income, and personal consumption expenditures of US consumers. As per the latest report from the BEA, personal income increased by 0.4% in February, which was the same level of wage growth in January.
What Do these 10 Economic Indicators Signal for the US Economy? The Conference Board uses the average weekly unemployment claims as a constituent of its Leading Economic Index (or LEI). The level of employment in the economy is one key macroeconomic factor that influences monetary policy actions. An optimal level of employment is desirable for continued growth in the economy.
Tech stocks (XLK) sell off for the second-straight day as Amazon (AMZN) and Tesla (TSLA) lead markets lower. We break down all the market action. And Walmart (WMT) is becoming more popular with Democratic shoppers according to a new poll. Find out if it’s about “everyday low prices” or something more. Plus, don’t chuck that junk mail. We’ll tell you which direct marketer is sending $100 checks to lucky “residents.” Catch The Final Round at 3:55 ET p.m. with Yahoo Finance’s Myles Udland and editor-in-chief Andy Serwer.
Rising volatility levels suggest that markets could be poised for a move lower. Closes below key trendlines could be catalysts of the decline.
The FOMC (Federal Open Market Committee) raised interest rates by 25 basis points, which turned out to be a non-event. The proposal of $50.0 billion in tariffs on Chinese imports—and the potential for China’s $3.0 billion in retaliatory tariffs—pushed wary investors away from risk assets as they feared escalation into a trade war. Unlike economic events, these political events are difficult to predict and could go either way in terms of tangible impact on the economy. When adding the unpredictable nature of President Trump’s decisions to the mix, markets should be prepared for higher volatility in the week ahead.
As I indicated in the conclusion of last week’s note, equity markets were vulnerable to further weakness based primarily on February’s selloff and the technical setup provided in the previous week. Not only did we witness a sharp pullback on escalating volume on all major equity exchanges on the week, but also the S&P 500 (^GSPC, SPY) closed exactly 10% off its record high while simultaneously setting up investors for that retest of the February lows the we have been expecting. It was an eventful week both politically and economically.
To almost nobody’s surprise, the Federal Reserve opted to raise interest rates 0.25 percent on Wednesday, bringing the Federal Funds Rate between 1.5-1.75 percent for the time being. The Fed also indicated ...
The Bureau of Labor Statistics released its JOLTS (Job Openings and Labor Turnover Survey) data for January on March 16. According to the report, the total number of job openings on the last day of January was 6.3 million, an impressive increase from the 5.6 million job openings seen in December, and the highest reading since the beginning of the survey in 2000. JOLTS data is collected through a monthly survey of job openings, number of new employees hired, number of employees who have quit or have been asked to leave, and other job separations.
Yahoo Finance's Jared Blikre and Jen Rogers break down the latest market action.
It's time to get technical with Yahoo Finance's Jared Blikre and Brian Shannon, founder of AlphaTrends.net, as they break down the latest action in gold using price action, anchored VWAP, moving averages and pattern analysis.
Matthew Cheslock joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action as the first quarter draws to a close in a shortened trading week.
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the February Durable Goods report that beat Wall Street's high estimate on the headline number.