28.06 +0.25 (0.90%)
Pre-Market: 9:26AM EST
|Bid||28.06 x 500|
|Ask||28.08 x 3600|
|Day's Range||27.63 - 28.00|
|52 Week Range||22.85 - 28.33|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.14%|
Stocks (^DJI, ^GSPC, ^IXIC) hit records as investors await the release of an updated tax bill. Catch The Final Round at 3:55 p.m. with Jen Rogers, Yahoo Finance editor-in-chief Andy Serwer, reporter Melody Hahm and markets correspondent Myles Udland.
Among major banks (XLF), Bank of America (BAC) has commanded some of the most favorable ratings from analysts over the past year, largely due to trading expansion, higher net interest…
The Fed enacted its third-rate hike of 2017 and reaffirmed its guidance of three more hikes in 2018. This dovish outlook produced some surprise ETF winners and losers.
Stocks (^DJI, ^GSPC, ^IXIC) slide as tax bill concerns persist. Catch The Final Round at 3:55 p.m. with Jen Rogers and Yahoo Finance markets correspondent Myles Udland.
The ADP National Employment Report for November showed 190,000 new jobs added in November compared to 235,000 in October, beating the market expectation of 185,000.
ETFdb.com analyzes the search patterns of our visitors each week. By sharing these trends with our readers, we hope to provide insights into what the financial world is concerned about and how to position your portfolio.
The Dow surging as more tax reform optimism hits Wall Street. Plus, why are investors so wary of this market, but eager to buy bitcoin? We discuss. And media stocks are in focus this week with Fox and Disney close to a huge deal, and our parent Verizon getting on the gridiron. And, getting started with options? We have some tips to get those first trades in.
The best exchange-traded funds to buy for 2018 will likely be funds that concentrate their holdings in sectors that can beat the broad market indices.
The S&P 500 Information Technology index fell more than 4% from peak to trough as tax reform beneficiaries stole the spotlight away from 2017's leaders. The Lyxor Hedge Fund index fell 1% last week with only fixed-income arbitrage in positive territory. Long-short equity funds fell 1.3% over the same time period, while event-driven funds were down just 0.3%, according to Lyxor Cross Asset Research.
With tax reform inching closer to reality, Credit Suisse's Susan Roth Katzke and her team take a look at large-cap banks writing that the industry is getting closer to reaching their 'blue sky' scenarios. Katzke writes that while bank stocks are up some 8%, on average, in the past two weeks, there's still reason to be optimistic about the group, given that there could be 10% or more upside to her earnings estimates and target prices if banks to get the tax reform benefit and her blue sky scenario becomes the base case.
Stocks getting a boost to end the week on the back of a big jobs report. Plus – yes you know it was coming – Bitcoin. We break down it’s biggest week, and why ‘cold storage’ is the new buzz word. And – Washington will be back in the fore next week – we have the three big things, to watch out for. Plus – will the force be with Disney? A big upcoming release, and a huge deal with an arch rival, are the latest plot twists. Catch The Final Round at 3:55 p.m. ET with Jen Rogers and Yahoo Finance’s Andy Serwer, Myles Udland and Dan Roberts. Winners and losers
It’s time to buy financial stocks even though they have already had a great rally on President Donald Trump’s tax reform plans. Many financial stocks are trading around record-high prices, so investors need to be a little sly. Rather than buying high-priced stocks, investors should consider selling puts to buy bank stocks on pullbacks, or to benefit from their advances.
Bank stocks have awoken just in time for the holidays. Look no further than the SPDR KBW Regional Banking (ETF) (NYSEARCA:KRE) to chronicle the excitement. KRE and its companion ETF, the Financials Sector SPDR Fund (NYSEARCA:XLF), both screamed higher adding some 20% to their coffers in short order.
Stocks fighting for gains here as a beaten down tech sector rebounds. Plus – as tech tries to rebound the Dow’s been hanging tough. Check out the chart here – even on a day Alan Greenspan takes a swipe at it. Catch The Final Round at 3:55 p.m. with Jen Rogers with Yahoo Finance Editor-in-Chief Andy Serwer and Jeff Saut of Raymond James.
Usually, stock markets have a positive reaction to tax cuts. Since the US election in November 2016, investors have been hoping for tax reforms.
Enthusiasm abounds for the financial services sector, the second-largest sector exposure in the S&P 500. The Financial Select Sector SPDR (NYSE: XLF ), the largest exchange traded fund tracking financial ...
Yahoo Finance's Alexis Christoforous and Jared Blikre discuss advances with the Brexit talks and Basel III bank capital rules being finalized.
We say it almost every day: bitcoin is flying high, surging to over $12,800 this morning (up 1440% this year). Sunday evening, the CBOE will launch the first bitcoin futures. Yahoo Finance's Alexis Christoforous and Jared Blikre discuss.