273.70 +0.10 (0.04%)
After hours: 7:46PM EDT
|Bid||0.00 x 900|
|Ask||0.00 x 1000|
|Day's Range||272.96 - 273.60|
|52 Week Range||216.97 - 273.60|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.97|
|Expense Ratio (net)||0.17%|
Tracking the blue-chip stocks of the DJIA with these four exchange-traded funds (ETFs) is easy, and some investors consider them a cornerstone investment.
Is the market rally justified? Corporate earnings are at the lowest level this year. We might be heading into an "earnings recession."
With most blue-chip companies' earnings scheduled over the coming weeks and investors' sentiment being mixed, investors should closely monitor the movement of the Dow ETF.
With the market at record highs and flashing consistent buy signals, we could see some give-back before stocks continue higher.
U.S. markets and stock ETFs pushed to new record highs Friday on rising optimism that the Federal Reserve will cut interest rates later this month. On Friday, the Invesco QQQ Trust (QQQ) increased 0.4%, SPDR Dow Jones Industrial Average ETF (DIA) gained 0.6% and SPDR S&P 500 ETF (SPY) rose 0.2% as the Dow Jones Industrial Average trade above 27,000 for the first time from the previous session and the S&P 500 hovered above 3000. The markets were reassured after Federal Reserve Chairman Jerome Powell all but guaranteed the central bank would cut interest rates as soon as later this month, the Wall Street Journal reports.
Fed's rate cut optimism, oil price rally, large-cap outperformance and U.S.-China short-term trade negotiations boosted Dow Jones to this height, benefiting Dow-heavy ETFs.
U.S. markets and stock ETFs were mixed Thursday, with the Dow Jones Industrial leading the charge after the Trump administration abandoned a plan to cutback drug rebates. On Thursday, the SPDR Dow Jones Industrial Average ETF (DIA) rose 0.5% and SPDR S&P 500 ETF (SPY) was flat. The decision to withdraw plans to reduce drug rebates helped shares of pharmacy benefit managers rally as the new developments meant these companies would continue to benefit from after market discounts from drugmakers, Reuters reports.
Dovish testimony from the Fed chairman boosted stocks and gold. The Nasdaq Composite broke out above a double top as the dollar stumbled.
U.S. markets and stock exchange traded funds rallied to record highs Wednesday after Federal Reserve Chairman Jerome Powell's dovish comments helped stoked bets of interest rates cuts ahead to bolster economic growth. On Wednesday, the Invesco QQQ Trust (QQQ) increased 1.1%, SPDR Dow Jones Industrial Average ETF (DIA) rose 0.5% and SPDR S&P 500 ETF (SPY) gained 0.6%. Stock investors regained their risk-on attitude after Powell stated the central bank was ready to "act as appropriate" to support ailing economic growth, Reuters reports.
U.S. stocks rallied on Wednesday morning after U.S. Federal Reserve Chair Jerome Powell suggested a U.S. interest rate cut may be imminent. Last month the Fed opted to once again defy President Donald Trump and maintain interest rates.
Goldman Sachs (GS) thinks that if the Fed's interest rate cut happens, it shouldn't lead to a big increase in stocks.
U.S. markets and stock ETFs struggled to pare earlier gains on Tuesday on earnings risks while concerns over the ongoing trade dispute and diminished hopes of an aggressive interest rate cut also muted ...
U.S. markets and stock exchange traded funds retreated Monday as investors pared down expectations that the Federal Reserve would aggressively cut benchmark interest rates later this month. On Monday, ...
On Friday, the Fed submitted its semiannual report in which it said it would “act as appropriate” to sustain the current economic expansion.
U.S. markets and stock exchange traded funds slipped Friday after a better-than-expected June jobs report dimmed expectations of a quick rate cut out of the Federal Reserve. On Friday, the Invesco QQQ Trust (QQQ) decreased 0.3%, SPDR Dow Jones Industrial Average ETF (DIA) fell 0.1% and SPDR S&P 500 ETF (SPY) dropped 0.3%. The Labor Department revealed nonfarm employers added 224,000 jobs in June, the most in five months, stoking fears that a strong labor market would deter policymakers at the U.S. central bank from cutting interest rates, Reuters reports.