|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||134.13 - 135.46|
|52 Week Range||114.88 - 144.25|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
This time, it was nationalist firebrand Steve Bannon. Rumors of his departure at mid-day drove a surge of buying interest before confirmation of the departure drove concerns Trump’s foreign policy could now take a more aggressive turn (Bannon was a strong supporter of non-interventionism). In the end, the Dow Jones Industrial Average lost 0.4%, the S&P 500 lost 0.2%, the Nasdaq Composite lost 0.1% and the Russell 2000 lost 0.1%.
Marks advised investors to be cautious and look at low-risk investments to safeguard their returns from possible future losses.
Stocks were slammed this week as worries grew that the Trump economic agenda may be in peril. The SPDR S&P 500 ETF (SPY) dropped 1.5% on Thursday, registering its worst decline in three months. At the same time, the small-cap iShares Russell 2000 ETF (IWM) lost 1.8%, nearly wiping out all its gains for the year. Year-to-date, IWM is now up 0.4%, compared with 9.6% for SPY. YTD Returns For SPY, IWM