|Bid||76.17 x 1400|
|Ask||0.00 x 800|
|Day's Range||76.35 - 76.76|
|52 Week Range||59.92 - 82.66|
|PE Ratio (TTM)||343.23|
|Beta (3Y Monthly)||1.30|
|Expense Ratio (net)||0.13%|
Investors watching this week's G-20 summit closely, as President Trump is expected to meet with President Xi to smooth things on the trade front. UBS predicting the global growth to drop by as much as 75 basis points should those talks fail. Wilmington Trust CIO Tony Roth joins Yahoo Finance's Seana Smith.
The U.S. trade war with China may be hitting the wallets of consumers, but it's also giving back in the form of cheaper gas prices. Steven Skancke, Chief Economic Advisor at Keel Point, along with Greg McBride, Chief Financial Analyst at Bankrate, join Seana Smith on 'The Ticker' to discuss how tariff costs have impacted American households.
Markets are seeing some relief after the White House backed out of threats to hit Mexico with tariffs. Brian Belski, BMO Capital Markets Chief Investment Strategist, joins Seana Smith on 'The Ticker' to discuss how investors can try to mitigate risk amid trade uncertainty.
The Trump administration is considering delaying tariffs on Mexico, according to Bloomberg. Drew Matus, Chief Market Strategist at MetLife Investment Management, discusses with Yahoo Finance's Seana Smith on "The Ticker."
President Trump tells reporters that talks with Mexico are making headway. This as research firm Perryman Group estimates more than 400,000 jobs will be lost this year if the 5% tariff goes into effect. Yahoo Finance's Seana Smith and VP of the Association for Equipment manufacturers Kip Eideberg discuss.
Wells Fargo's Scott Wren says traders should embrace the volatility. With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Brian Kelly, Mark Tepper and Tim Seymour.
ETF Trends CEO Tom Lydon explains why the trade spat may be a good time to buy, with Yahoo Finance's Seana Smith on "The Ticker".
U.S.-China tensions continue to sustain as President Trump said today the tariffs are an 'excellent alternative' should trade talks with China do not make any headway. Talks are expected to kick off at 5pm today. RDQ Economics Chief Economist John Ryding and "China Learning Curve" Author Dan Joseph joins Yahoo Finance's Seana Smith.
Market Likely to Open Higher on Positive Trade TalkMexico tariff imposition postponedThe broader US market is likely to start the week on a strong note, as US trade talks over the weekend with China and Mexico were positive. Last Friday night,
As is the case with the other 11 months of the year, there are sector-level opportunities with exchange traded funds in June. Using the original nine sector SPDR ETFs (there are now 11) as the gauges, just two average positive returns in the month of June, according to CXO Advisory. In a month that historically rewards playing defensive, it's not surprising that the best-performing sector SPDR in June usually is the Utilities Select Sector SPDR (NYSE: XLU).
Stock-market weakness in May has been attributed to fears over global growth and rising U.S.-China trade tensions, concerns that have helped to push trade-sensitive sectors like information technology, industrials and materials into a severe pullback. Helping boost info tech shares has been the semiconductor industry, seen as a highly cyclical sector that is very sensitive to concerns over the proliferation of new trade barriers (see FactSet chart below with the S&P 500’s return in red, industrials in yellow, technology shares in green and materials in purple).
Below is a look at ETFs that currently offer attractive buying opportunities. The ETFs included in this list are rated as buy candidates for two reasons. First, each of these funds is deemed to be in an uptrend based on the fact that its 50-day moving average is above its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading below its five-day moving average, thereby offering a near-term 'buy on the dip' opportunity, given the longer-term uptrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
Dow Jones and US Stocks Fell on Escalating US-China Trade WarEscalating trade warThe broader US market fell drastically on May 13 after China said it would raise tariffs on US imports worth $60 billion beginning on June 1. The Chinese government’s
Shares of Deere & Co. fell 1.2% in premarket trade Tuesday, after J.P. Morgan turned bearish on the agriculture, construction and turf care equipment maker citing the "rapidly deteriorating fundamentals" in the U.S. agriculture industry. Analyst Ann Duignan cut her rating back to underweight, after being at neutral since June 2017, while lowering her price target to $132 from $154. Duignan said the U.S. farming industry is being hit with a "perfect storm," as tariffs have weighed on U.S. soybean exports, import demand from China has fallen as it deal with reduced hog herd as a result of an African swine fever outbreak, near-record soybean and corn production in Brazil and Argentina, strength in the U.S. dollar that has made U.S. exports more expensive and potential yield losses as the U.S. Midwest got off to a "very slow start." Separately, Duignan upgraded Agco Corp. to overweight from neutral, as the company's limited exposure to the U.S. row crop sector suggests the recent selloff in the stock is overdone. Agco's stock was still inactive in the premarket. Deere's stock has tumbled 11.7% so far this month through Monday and Agco shares have slipped 0.4%, while the SPDR Industrial Select Sector ETF has given up 5.0% and the S&P 500 has lost 4.6%.
Though April manufacturing activity index slumped to a two-year low, a dovish Fed, likelihood of a U.S.-China trade deal, decent earnings beat ratio in the first-quarter present industrial ETFs as good bets.
US Rail Traffic Downtrend Continued for the 15th Straight WeekRail traffic fellOn May 8, the Association of American Railroads reported that the overall traffic for US railroad companies had fallen 2% in Week 18, which ended on May 4. Rail companies
Hampered by the US/China trade flap, the Industrial Select Sector SPDR (XLI) , the largest industrial exchange traded fund, is lower by almost 2.50% over the past week. On a valuation standpoint, other areas like materials, industrials and energy appear attractive relative to the S&P 500. “We would use this market pullback to increase exposure to industrials to overweight.
The S&P 500 on Tuesday logged its steepest daily slide in about four months as investors reacted poorly to the prospect of escalating U.S.-China trade tensions.