|Bid||0.00 x 2200|
|Ask||0.00 x 1100|
|Day's Range||54.90 - 55.11|
|52 Week Range||48.76 - 58.95|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.14%|
CNBC's Dom Chu reports on the Vaneck Vectors Semi ETF as it tries to bounce back along with other ETFs that are not economically sensitive.
Yahoo Finance's Seana Smith and Jared Blikre on the biggest headlines moving the markets in afternoon trading.
CNBC's Dominic Chu breaks down which stocks are leading the consumer staples sector, which has been on a "roller-coaster ride" over the last couple of years.
As of September 17, Altria Group (MO) stock was trading at $62.44, which represents a 7.9% rise since the announcement of its second-quarter earnings on July 26. On September 12, Scott Gottlieb, commissioner of the FDA, announced that the accelerating trajectory of flavored e-cigarette usage among youths has reached epidemic proportions. The e-cigarette market is dominated by JUUL, which had 72% of the market share as of mid-August, according to Wells Fargo analyst Bonnie Herzog.
Shares of Tyson Foods Inc. fell 2.2% in premarket trade Monday, after the consumer meats company said Chief Executive Tom Hayes will step down for personal reasons, after about two years in the role. The company appointed Noel White as its new CEO, effective Sept. 30. White was the group president for beef, port and international, joining the company in 2001 as part of Tyson's acquisition of IBP, which White joined in 1983. Tyson's stock had tumbled 22% year to date through Friday, while the SPDR Consumer Staples Select Sector ETF had slipped 3.7% and the S&P 500 had gained 8.7%.
There’s “ample runway” for global consumption, including in emerging markets, as a growing middle class looks to spend their cash.
On September 12, Scott Gottlieb, the FDA commissioner, announced that the accelerating trajectory of flavored e-cigarette usage among youths has reached an epidemic proportion. The FDA is considering a policy change that would expel e-cigarette products from the market.
The consumer staples sector is generally regarded as one of the largest barometers of a nation's economic health and comprises nearly 70% of gross national product. In this article, we'll take a look at several key charts from within the consumer staples sector and try to determine how active traders will look to position themselves over the months ahead. One of the most popular exchange-traded funds (ETFs) that is used by investors for gaining exposure to the consumer staples sector is the Consumer Staples Select Sector SPDR Fund.
The Coca-Cola Company decided to take a deep dive into the global coffee business with a $5.1 billion purchase of UK coffee chain Costa. Coca-Cola hopes to leverage its expansive distribution network to take on the likes of Starbucks. ETFs with the heaviest weighting of Coca-Cola were up slightly despite shares of the beverage company inching lower by a dime as of 10:45 a.m. ET-- Consumer Staples Select Sector SPDR ETF (XLP) gained 0.12%, Fidelity MSCI Consumer Staples ETF (FSTA) was up 0.14% and Vanguard Consumer Staples ETF (VDC) rose 0.21%.
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
On August 24, after Jefferies downgraded Philip Morris International (PM) and lowered its price target, PM stock fell. The low was $79.42 before closing the day at $79.69, which represents a fall of 3.2% from its previous day’s closing price.
Will 2018's Second Half Be Better for Altria and Philip Morris? Both Altria Group (MO) and Philip Morris International (PM) have posted their second-quarter earnings, and it’s time to compare them. As of August 21, Altria Group is trading at $59.93, which represents a rise of 3.6% since its announcement of its second-quarter earnings on July 26.
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Thursday’s open to this week’s Wednesday close.
Companies that sell basic goods and broad consumer staples sector ETFs are pushing higher as investors hedge their equity bets with a more defensive play. The Consumer Staples Select SPDR (XLP) , the largest ETF tracking the sector, increased 10.0% over the past three months while the S&P 500 gained 4.5%. ETF investors have also jumped on this more defensive equity sector play, funneling close to $1.2 billion into XLP in the last three months.
The Dow Jones Industrial Average enjoyed its best day in about four months as a rally in shares of retailing giant Walmart Inc. (WMT) and an apparent easing of China-U.S. trade tensions helped to support a broad rally on Wall Street. The Dow (DJIA) gained about 400 points, or 1.6%, at 25,559, registering its best one-session rise since April 10, the S&P 500 index (SPX) rose about 22 points, or 0.8%, at 2,840.
Thanks in large part to strength in the U.S. dollar, consumer staples is a laggard group this year. The Consumer Staples Select Sector SPDR (NYSEARCA:XLP), the largest consumer defensive exchange-traded fund (ETF), highlights that disappointment.
Kimberly-Clark Corp. (kmb) said it was raising prices across most of its North America consumer products businesses, in an effort to offset "significant" commodity cost inflation. The company said the price increases will generally be in the mid-to-high single digits percentage range on average. The increases will mostly impact Cottonelle and Scott 1000 bathroom tissues, Kleenex tissue, Viva paper towels, Huggies diapers, Pull-Ups training pants and GoodNites pants.
Technically speaking, the bull trend for U.S. stocks has absorbed a respectable mid-August downturn — at least so far, writes Michael Ashbaugh.
soared Friday as investors' worries over bond yields tapered. Consumer staples generally trade inversely to the yield on the benchmark 10-year Treasury as opportunity costs for cash ebb and flow. The SPDR Consumer Staples Fund was up 1.17% to close at $54.29 on August 3.
After a rocky start to the year, Coca-Cola (NYSE:KO) shares are on the mend. Since bottoming in early May, the beverage behemoth is up 12.5% in an impressive bout of relative strength. Part of the gains came in response to the late July earnings release, which beat expectations.