|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||12.65 - 13.73|
|52 Week Range||10.91 - 42.41|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.89%|
The FOMC's July meeting minutes indicated that FOMC members discussed current equity valuations as part of their discussion on financial stability.
U.S. equities finished sharply lower on Thursday, pushing the Russell 2000 small-cap index below its 200-day moving average for the first time since June 2016. It’s the combination of the release of rather hawkish Federal Reserve meeting minutes on Wednesday (talking up the need for tighter monetary conditions despite low inflation) and the political blowback from Trump’s stance on “both sides” being to blame in the wake of last week’s violence in Charlottesville that has investors worried. In the end, the Dow Jones Industrial Average lost 1.3%, the S&P 500 lost 1.5%, the Nasdaq Composite lost 1.9% and the Russell 2000 lost 1.8%.
VXX and SDS saw massive trading volume in Thursday's trading session.