|Bid||0.00 x 1100|
|Ask||0.00 x 1000|
|Day's Range||269.37 - 270.65|
|52 Week Range||227.86 - 270.65|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.04%|
Yahoo Finance's Seana Smith and Jared Blikre on the biggest headlines moving the markets in afternoon trading Wednesday.
Morningstar's fair value estimate for exchange-traded funds leverages the bottom-up fundamental analysis produced by our global team of equity research analysts, distilling their extensive work into one powerful metric of the estimated intrinsic value of a portfolio of stocks. Morningstar's equity analysts might not cover each of the stocks in an ETF's portfolio.
It seems like fund managers can’t get enough of technology stocks. They continue to invest in the so-called FAANG and BAT stocks—US stocks Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Google (GOOGL) and China’s Baidu (BIDU), Alibaba (BABA), and Tencent (TCEHY). They’re the most crowded trades.
The SPDR Gold Trust ETF (GLD) has fallen ~8.4% year-to-date and ~11.5% from its April peak. September is usually a stronger month for gold after the summer doldrums. In this September, however, investors could remain in a wait-and-see mode until the Federal Reserve’s September 25–26 meeting is over.
The Vanguard Total Stock Market ETF (VTI) recently became the third US-listed exchange traded fund to reach $100 billion in assets under management. The other two are S&P 500 tracking ETFs, but for some investors VTI and other total market funds could be better alternatives to the S&P 500. A year ago, VTI had about $82 billion in assets under management.
Year-to-date, the UUP ETF (UUP) has risen 5.2%, while the SPDR Gold Shares ETF (GLD) has declined 8.4%. According to a Reuters poll, while the US dollar could hold onto its gains for the rest of this year, it’s unlikely to maintain its ascent after that. Other factors supporting the dollar such as rate hikes and trade tensions have now been priced into the dollar. Morgan Stanley analysts also believe that the US dollar is “topping out,” according to Bloomberg.
Fidelity already offers index funds at a lower cost than Vanguard. That's not the only way the king of index investing is falling behind.
U.S. stocks could soon be knocked off their perch by a new round of trade tariffs against China, according to UBS. In a research note, reported on by Bloomberg, Keith Parker predicted that American stocks might be set to encounter their biggest fall since April if President Donald Trump imposes tariffs at the higher end of expectations. Introducing a 25% levy on an extra $200 billion of Chinese goods, the analyst warned, could see the S&P 500 drop 5% as investors have yet to price in these risks and likely retaliatory measures.
What Does the Market Expect from the August Jobs Report? Wage growth remains the most important component of the US (SPY) (VOO) jobs report and will be closely watched by investors. Despite historically low levels of unemployment, wages haven’t picked up as they should have.
What Does the Market Expect from the August Jobs Report? The miss in the July numbers was partially compensated by upward revisions in job gains for May and June from 244,000 and 213,000 to 268,000 and 248,000, respectively. Overall, the retail sector (XRT) added 7,000 net jobs in the month.
As the U.S. dollar rallies, other nations, especially those with emerging markets, are suffering from weakening currencies against the benchmark. Starting with the crash of the Turkish lira a few weeks ago, the Mexican peso, Argentinean peso, South African rand, and Indonesian rupiah have all crashed in a very short span of time.
The Vanguard Total Stock Market ETF (VTI) continues cementing its status as one of the largest US-listed exchange traded funds. Recently, the venerable VTI topped $100 billion in assets under management, becoming just third ETF to do so. The other ETFs to accomplish that feat are the SPDR S&P 500 ETF Trust (SPY) and the iShares Core S&P 500 ETF (IVV) .
For a while, the SPDR S&P 500 ETF ( SPY) was the only exchange-traded fund (ETF) with more than $100 billion in assets under management. That changed late in the first quarter of 2017 when the iShares Core S&P 500 ETF ( IVV) joined the sparsely populated $100 billion club.
A yield curve tracks the yields of Treasury securities maturing at different times. When the yield curve (BND) inverts, it means that the yields of shorter-duration securities become larger than those of longer-term securities. The inversion of the yield curve has been a good indicator of upcoming recessions in the past.
The S&P 500 reached an all-time high in today's market session, tying the longest bull market recorded and could go down in history as the longest ever by Wednesday's session, but does this signal an end to its serendipitous run and the start of a rise in emerging markets? As the capital markets in the United States go, maybe the emerging markets are soon to follow.S&P 500 ETFs gained on the index's record-setting momentum--the SPDR S&P 500 ETF (SPY) rose 0.34%, the iShares Core S&P 500 ETF (IVV) gained 0.33% and the Vanguard S&P 500 ETF (VOO) was up 0.34%. While the gain in S&P 500 ETFs was to be expected, the ripple effects made their way into emerging markets ETFs.
The S&P 500 hit an all-time high in today's market session, tying the longest bull market recorded and could go down in history as the longest ever by Wednesday's session. S&P 500 ETFs gained on the index's upward momentum--the SPDR S&P 500 ETF (SPY) rose 0.34%, the iShares Core S&P 500 ETF (IVV) gained 0.33% and the Vanguard S&P 500 ETF (VOO) was up 0.34%. Come Wednesday, the bull market will officially turn 3,453 days old, making it the longest in history.
VALLEY FORGE, Pa., Aug. 21, 2018 /PRNewswire/ -- Vanguard, the leader in low-cost investing, today launched the largest suite of commission-free ETFs available to investors.1 As announced in early July, Vanguard is offering commission-free online transactions on approximately 90% of all ETFs—nearly 1,800 of the roughly 2,000 ETFs currently trading on the major exchanges. Now, Vanguard Brokerage clients will be able to access the vast majority of ETFs—from providers including BlackRock, Schwab, and SSgA—without incurring additional costs to purchase or sell. "Vanguard's expanded commission-free platform offers value, access, and convenience to the increasing number of investors turning to ETFs as their preferred investment vehicle," said Karin Risi, Managing Director of Vanguard's Retail Investor Group.
When it comes to retirement planning, everyone knows it's important to start early -- but what options do you really have? There are lots of retirement plans -- and each seem to operate on a different basis. Put simply, a 403(b) plan is a retirement plan available to non-profit, public school, and 501(c)(3) employees (as well as some ministers) that is tax-advantaged.
The unemployment rate for July fell 0.1% sequentially to 3.9%—its lowest point in nearly 18 years. Another highlight of July’s unemployment data was that the unemployment rate for the least educated US workers fell to 5.1% in July, the lowest since the government started collecting data in 1992. While the other elements of the US (VOO)(SPY) jobs report have picked up pretty much according to the economists’ expectations—or as Federal Reserve would like—wage growth has not shown as much acceleration.
What Will Financial Markets Look for in July's Jobs Report? For the first half of the year, the job growth has averaged 215,000—compared to 182,000 during the same period last year. The job growth in June was broad-based with the private sector adding 202,000 jobs and governments adding 11,000.
What Will Financial Markets Look for in July's Jobs Report? The numbers give them clues about if the US economy (SPY) (IVV) is strong enough to withstand interest rates hikes. The Fed has already raised interest rates twice this year.