|Bid||0.00 x 800|
|Ask||0.00 x 3000|
|Day's Range||42.47 - 42.73|
|52 Week Range||37.85 - 50.36|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.21|
|Expense Ratio (net)||0.74%|
After rallying on the U.S. trade deal speculation, China country-specific ETFs slipped Friday, testing their long-term support, in response to slowing inflation and lingering uncertainties over the Sino-U.S. trade negotiations. Dragging on sentiment for Chinese markets, China's Consumer Price Index missed expectations in January.
President Donald Trump said Friday he may extend a March 1 deadline for reaching a trade deal with China if the two countries are close to an agreement. “Negotiation's been going on for about two days, it’s going extremely well,” Trump said. The White House and China set the March deadline for reaching an agreement in the ongoing trade dispute between the two countries, and Trump previously said he would increase U.S. tariffs on more than $200 billion in imports from China if an agreement on several issues couldn’t be worked out by the deadline.
NVIDIA Had a Disappointing End to Fiscal 2019NVIDIA stock rose 9% On February 14, NVIDIA (NVDA) stock rose as high as 9% in the after-hours session. The company expects strong growth in the second half of 2019. NVIDIA’s outlook was in line
Is 2019 Bill Ackman’s Comeback Year after a Series of Losses?(Continued from Prior Part)United Technologies United Technologies (UTX) has been another key contributor to Pershing Square’s success YTD (year-to-date). Compared to its average cost
US-China Trade Deficit Narrows: Will It Please Trump?(Continued from Prior Part)US-China trade surplus As we discussed in the previous part, China’s January trade data were better than expected for imports and exports. While China’s exports
US-China Trade Deficit Narrows: Will It Please Trump?China’s trade dataOn February 14, China released its January trade data. China’s exports in US dollar terms rose 9.1%, while its imports fell 1.5% YoY (year-over-year). The data were better
BAML Survey: Fund Managers Aren't Optimistic about Recent Rally(Continued from Prior Part)Trade war still investors’ top concernIn Bank of America Merrill Lynch’s February 2019 survey, trade war concerns remained the top tail risk cited by
March Deadline Could Be Relaxed for ‘Biggest Deal Ever Made'(Continued from Prior Part)Trump As noted in the previous article, US President Donald Trump has said that he would consider relaxing the March 2 deadline for increasing tariffs on
The iShares China Large-Cap ETF (FXI) , one of the largest China exchange traded funds listed in the U.S., is higher by nearly 9% this year, but that upside could be capped over the near-term unless the fund can push through some important resistance areas. Easing trade tensions between the U.S. and China, the world’s two largest economies, are bolstering the fortunes of Chinese stocks and ETFs such as FXI this year. China’s efforts to stimulate its massive economy also make the case for considering the country’s equity markets.
March Deadline Could Be Relaxed for ‘Biggest Deal Ever Made'US-China talks Another round of US-China trade talks is scheduled this week in Beijing. The previous round of talks concluded on January 31 in Washington. After the last round of talks,
What to Expect from Applied Materials' First-Quarter Earnings(Continued from Prior Part)Applied Materials’ revenue Applied Materials (AMAT) earns revenue by selling manufacturing equipment for semiconductors and providing maintenance and other
What to Expect from Applied Materials' First-Quarter EarningsSemiconductor earnings and Applied Materials In this semiconductor earnings season, many semiconductor companies with high exposure to China (FXI) missed expectations, as the US-China
Technically speaking, the S&P 500 continues to trend higher, writes Michael Ashbaugh, rising to its second test of major resistance matching the 200-day moving average.
Why Paul Volcker Is Unhappy with Trump’s Tax and Trade PoliciesPaul Volcker unhappy with tax reform Speaking to the founder of Bridgewater Associates, Ray Dalio, former Federal Reserve Chairman Paul Volcker took Trump and other US lawmakers to
Why Paul Tudor Jones Is 'Very Bullish' on US StocksUS equity marketsAfter a terrible fourth quarter, the broader markets have rallied YTD (year-to-date). As of February 11, the S&P 500 benchmark (SPY) has gained 8.3%, while the NASDAQ Composite
Lower-level trade talks between U.S. trade negotiators and their Chinese counterparts will take place this week in Beijing and set the stage for higher level discussions later in the week. Ninety days to finalize a trade deal with China with the ultimate goal of structural reform isn't a long enough time frame for any "team on earth" to succeed, China Beige Book CEO Leland Miller told CNBC Monday. The U.S. threatening to end trade talks.
Will Iron Ore Breach $100 in the Wake of Vale's Dam Collapse?(Continued from Prior Part)Iron ore prices and mill margins So far in this series, we’ve discussed how Vale’s (VALE) dam disaster has breathed new life into iron ore and why this could
What China Slowdown Could Mean for US Steel Sector and CLFArcelorMittal’s take on steel demand outlookArcelorMittal’s (MT) muted outlook on steel demand rekindled the concerns of a slowdown in steel demand in the US. ArcelorMittal released its
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.
Amid trade tensions and a broader slump in emerging markets indexes, China exchange traded funds, such as the iShares China Large-Cap ETF (FXI) and the iShares MSCI China ETF (MCHI) , were drubbed in 2018. “China is up more than 8% this year (as of 1/28/19), easily outperforming the S&P 500 Index, which is up 5.6%. We see three reasons for the turnaround and for optimism for Chinese stocks.” said BlackRock in a note out Tuesday. Easing trade tensions between the U.S. and China, the world's two largest economies, are bolstering the fortunes of Chinese stocks and ETFs such as FXI and MCHI this year.
A Closer Look at Intel's Businesses in the Wake of Its Q4 Results(Continued from Prior Part)Intel’s Data Center Group PC continues to be Intel’s (INTC) biggest business, but its most important business is its DCG (Data Center Group), which has
Chinese stocks remain uncertain, while a rising dollar could drag returns. Life insurance earnings may give more insight into corporate performance.
Bears Are Getting Restless, Markets Continue to Rally(Continued from Prior Part)Deadline As we noted in the previous part, Goldman Sachs (GS) asked clients to tone down their expectations from markets. There are three key deadlines that could have a
After slumping last year and acting as significant drags on the broader emerging markets complex, Chinese stocks are rebounding. Take the cases of the iShares China Large Cap ETF (NYSE: FXI) and the iShares MSCI China ETF (NASDAQ: MCHI), the two largest China ETFs in the U.S.
President Donald Trump delivered his highly anticipated State of the Union address Tuesday night. U.S. investors were hoping for a positive update on trade negotiations with China. The ongoing trade war rattled the market in the fourth quarter, and several major U.S. companies have blamed China for earnings and guidance misses.