184.00 +0.80 (0.44%)
After hours: 7:30PM EDT
|Bid||184.10 x 1400|
|Ask||230.00 x 1400|
|Day's Range||181.92 - 186.07|
|52 Week Range||144.79 - 218.00|
|PE Ratio (TTM)||5.20|
|Beta (3Y Monthly)||1.35|
|Expense Ratio (net)||0.47%|
UBS is warning higher tariffs could force 12,000 stores to close within a year, putting more than $40 billion of sales at risk. John Petrides, Managing Director at Point Wealth Management, joins Seana Smith on ‘The Ticker’ to discuss how retailers are competing against ecommerce giants amid trade tensions.
Stocks are off session lows amid news that Trump and China's President Xi will meet at G20 next month. Steven Skancke, Keel Point Chief Economic Advisor, joins Seana Smith on 'The Ticker' to discuss the likelihood of a recession as U.S.- China trade tensions escalate.
Ben Johnson, Morningstar Global ETF research, and Todd Rosenbluth, CFRA Research, join 'ETF Edge' to discuss how they're watching the semiconductor ETFs and where they see it going.
Post U.S. blacklist, Google denied Huawei access to certain updates to the Android system. Here, we study the impact of the ban on some semiconductor ETFs with exposure to Huawei's key U.S. suppliers.
Semiconductor ETFs Fall as US Chip Firms Stop Shipments to HuaweiProgress on Huawei ban On May 16, the United States banned American companies from supplying or transferring technology deemed critical for national security to Chinese telecom
U.S. stocks fell Monday morning as souring U.S.-China trade relations weighed on sentiment throughout global markets. The Dow Jones Industrial Average retreated 0.6%, or 161 points, to 25,597, the S&P 500 index gave up 0.8% at 2,837. while the Nasdaq Composite Index saw the sharpest declines, down 1.6% at 7,691, as chip makers came under pressure. U.S. technology companies have begun to comply with the White House's ban on China's Huawei Technologies Inc., which weighed on the chip sector, with iShares PHLX Semiconductor ETF , seeing sharp declines at Monday's open. Meanwhile, shares of Ford Motor Co. were plunging after the automotive giant said it was planning to eliminate 7,000 salaried jobs around the world by the end of August as part of its Smart Redesign program, according to an email sent to employees that was published by Automotive News. That will cut its workforce by 10% and help it save about $600 million a year, said the email.
Semiconductor ETFs at Risk of Technical DownturnSemiconductor ETFs fell in the mid-single digits Monday was yet another bad day for semiconductor stocks. The VanEck Vectors Semiconductor ETF (SMH) was down 4.6% on May 13. The chip stocks fell as
US-China Trade War Might Cause Semiconductor Casualties(Continued from Prior Part)Semiconductor ETFs hit by the US-China trade warThe semiconductor industry is vulnerable to the US-China (FXI) trade war, as China is one of its key markets. On May 5,
US-China Trade War Might Cause Semiconductor Casualties(Continued from Prior Part)How the US-China trade war affects investors The US-China (FXI) trade war has especially affected semiconductor investors, as China is a key market for most US
US-China Trade War Might Cause Semiconductor CasualtiesThe United States imposes a new round of tariffs on Chinese imports The US-China (FXI) trade war has entered its second year, and things are once again heating up after a cool period. The trade
The sensitivity of semiconductor exchange-traded funds (ETFs) to trade wars was evident in funds like the VanEck Vectors Semiconductor ETF (SMH) and the iShares PHLX Semiconductor ETF (SOXX) as U.S.-China trade deal news continued to keep markets guessing. Despite this, all in all, both funds are outperforming all three major indexes with SMH up 33.19 percent and SOXX up 35.20 percent year-to-date. The semiconductor sector can certainly lay blame on the recent trade war news.
The U.S. has implemented new tariffs on China but trade talks will continue. The SOXX set its all-time intraday high of $218.00 on April 24 then began to plunge. The decline from the April 24 high to Thursday's low touched 10% which is a buying opportunity even if a trade deal with China is not reached within the current negotiations.
Semiconductor stocks and sector-related exchange traded funds may be among the most vulnerable areas of the market if negotiations between China breakdown and President Donald Trump's tariff threats are implemented. Analysts argued that companies with high revenue exposure to China, such as semiconductors, will likely take a hit if tariffs are ramped up on Chinese imports, CNBC reports. Specifically, HSBC complied a list of companies with big sales in China most sensitive to trade, and U.S. companies with major China exposure are concentrated in the technology sector, including names like Broadcom (AVGO), Micron Technology (MU) and Intel (INTC).
Trump Strikes Back with Return of Trade Tariff for China(Continued from Prior Part)Semiconductor stocks fall on US-China trade tension Donald Trump has reignited trade war tension with China, which had pulled down semiconductor stocks back in the
President Trump has once again threatened to raise tariffs on Chinese goods. The renewed trade tensions put these ETF areas in focus.
The technology sector had staged a nice comeback with a trillion dollar rebound in a market capitalization over a span of four months.
The month of April saw more strength for U.S. equities as the markets were boosted by more optimism coming from the Commerce Department with the U.S. economy rebounding in the first quarter, beating analysts’ ...