|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||32.43 - 33.92|
|52 Week Range||25.59 - 56.64|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.89%|
Volatility has crept back into the stock market in 2018. Discover four exchange-traded products (ETPs) to buy in times of high volatility.
After a wild ride, investors are hoping for the markets to return to normal, but a number of risks still remain and may potentially cause another round of risk-off selling. However, there are a number ...
A host of Trump’s anti-trade policies has been playing foul in the stock market, leading to increased market uncertainty and trade tensions between the United States and countries around the world. After both the United States and China reached an agreement and vowed not to launch a trade war against each other, Trump’s announcement to impose a hefty 25% tariff on $50 billion worth of Chinese goods escalated tensions between the two. Trump also plans to restrict Chinese investment in U.S. companies and limit the number of goods that these can sell to China.
US markets (VOO) were surprisingly resilient for the week ending June 1 despite increased political uncertainty, Italy’s political drama, and renewed anxiety about trade tensions. US equity markets had a positive close in May. Tech and small caps leading the charge and this week’s price action will likely depend on how markets react to renewed trade tensions. Last week, the Trump Administration slapped tariffs on Europe, Canada, and China.
Global markets mostly fell last week (ended May 25) as political uncertainty kept investors at bay. Donald Trump calling off the North Korea summit and later saying that the summit could still happen, political disturbances in Spain and Italy, and volatile crude oil prices all dragged down equity indexes. US indexes (VOO), however, showed a reduction in concerns about higher rates after the Fed indicated at its May meeting that it is alright with inflation overshooting its 2% target in the short term.
In its meeting, the FOMC indicated that US financial market volatility had increased since its last meeting in March. Members felt that low-volatility (VXX) strategies had been less prevalent in February, leading to market turmoil. The May meeting minutes indicated that members felt that US financial conditions had somewhat tightened in the inter-meeting period but that they remained accommodative—a signal that members were comfortable with the further tightening of financial conditions.
“Sadly, based on the tremendous anger and open hostility displayed in your most recent statement, I feel it is inappropriate, at this time, to have this long-planned meeting,” Trump wrote in a letter. Late Wednesday, North Korea’s vice minister of foreign affairs had warned that if the U.S. called off the June 12 talks, a “nuclear-to-nuclear showdown” may ensue.
The S&P 500 Index (SPY) continued its negative run with another lower close in April. The Conference Board Leading Economic Index (or LEI) uses the performance of the S&P 500 Index (VOO) as one of the constituents of the LEI. The inclusion of the S&P 500 performance in the Conference Board Leading Economic Index (or LEI) is supported by econometric evidence, as some economists would argue that the stock markets are not a true reflection of the state of the economy.
US equity indexes finished the week that ended on May 18 on a negative note despite reports indicating that US-China trade negotiations had resulted in China agreeing to reduce its trade surplus with the United States by $200 billion. In a joint statement released on May 19, the United States and China revealed that China would increase its imports of US products and that both sides would work to resolve their economic and trade concerns. Volatility in the equity markets (VOO) in the week, however, was influenced by higher bond yields and an appreciating US dollar, which were pushed higher by the increased economic divergence between the United States and other developed economies.
US equity indexes finished the week that ended May 11 on a positive note as equity market bulls took control of the proceedings. Given the muted response to the Iran nuclear deal pullout, we can expect a further fall in volatility this week.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves after John Williams conducts his first speech as president of the New York Federal Reserve. Here's the performance of select ETFs as of 1:30 pm ET: TVIX(HB) VS 2X VIX Short Term 13.37% UVXY(HB) ProShs Ultra VIX Short-Term 10.61% VXX iPath S&P 500 VIX Short-Term 7.17% DGAZ(HB) VS 3x Inverse Natural Gas ETN 6.68% DWT(HB) VelShs 3x Invrs Crude Oil ETNs 4.08% SQQQ(HB) ProShs UltraPro Short QQQ 2.52% SPXU(HB) ProShs UltraPro Sh S&P 500 2.01% QID(HB) UltraShort QQQ ProShs 1.67% DUST(HB) Direxion Dly Gold Miners 3X BR 1.53% SDS(HB) UltraShort S&P 500 ProShs 1.33% JDST(HB) DX Jr Gold Miners Bear 3x 0.97% TZA(HB) SmCap Bear 3x Shs 0.76% TLT iShs 20+ Yr Treasury Bd ETF 0.72% EWZ iShs MSCI Brazil ETF 0.74% XBI SPDR S&P Biotech 0.74% SH ProShs Trust Short S&P 500 0.62% XOP SPDR S&P Oil & Gas Exploration 0.56% KRE SPDR S&P Regional Bank 0.50% XLP S&P Sel Consum Staples Spdr Fu 0.45% XLU S&P Sel Utilities Spdr Fd 0.42% KBE SPDR S&P Bank ETF 0.36% AGG(HB) iShs CORE US Agg Bond ETF 0.17% XRT SPDR S&P Retail 0.15% LQD iShs iBoxx $ Inv Gd Cor Bd ETF 0.11% XLRE Real Estate Select Sector SPDR 0.10% XLV S&P Sel Health Care Spdr Fd 0.00% IYR iShs US R/E ETF -0.02% RSX VanEck Vctrs Russia ETF -0.02% PFF iShs US Pfd Stk ETF -0.03% VNQ Vanguard Real Estate ETF -0.04% ITB iShs US Home Constr ETF -0.05% IAU iShs Gold Trust -0.08% GLD SPDR Gold Trust -0.08% HYG iShs iBoxx $ Hgh Yd Cor Bd ETF -0.13% BKLN(HB) Invesco Sr Loan Portfolio -0.15% JNK SPDR BB Barclays HiYld Bd -0.15% IWM iShs Russell 2000 ETF -0.22% EMB iShs JPM USD Emerg Mkt Bd ETF -0.24% IJR iShs CORE S&P SmallCap ETF -0.33% XLF S&P Sel Finl Spdr Fd -0.33% XLE S&P Sel Energy Spdr Fd -0.37% IWD iShs Russell 1000 Val ETF -0.38% GDXJ VanEck Vctrs Jr Gold Miners -0.40% GDX VanEck Vctrs Gold Miners ETF -0.45% AMJ(C) JPMorgan Alerian MLP ETN -0.47% INDA iShs MSCI India -0.48% AMLP Alerian MLP ETF -0.58% VTI Vanguard Total Stock Mrkt ETF -0.59% TNA DX SmCap Bull 3x Shs -0.62% XLY S&P Sel Consum Discretion'y Sp -0.62% OIH VanEck Vctrs Oil Svcs ETF -0.62% IVV iShs CORE S&P 500 -0.63% EPI Wisdom Tree India Earnings -0.62% SPY SPDR S&P 500 ETF -0.64% EWT(HB) iShs MSCI Taiwan ETF -0.75% SLV iShs Silver Trust -0.81% QQQ(HB) Invesco QQQ Trust Series 1 -0.82% DBEF(HB) Xtrkr MSCI EAFE Hdg -0.91% VGK Vanguard FTSE Europe ETF -0.98% XLK S&P Sel Tech Spdr Fd -0.99% FEZ SPDR Idx DJ Euro STOXX 50 -1.12% VEA Vanguard FTSE Dvlpd Mrkts ETF -1.14% VEU(HB) Vanguard Intl FTSE World ex US -1.23% VWO Vanguard FTSE Emerging Markets -1.25% NUGT(HB) Direxion Dly Gold Miners 3X BL -1.27% DIA SPDR DJ Industrial Average ETF -1.33% JNUG(HB) DX Jr Gold Miners Bull 3x -1.38% USO(HB) United States Oil Fd LP -1.39% FAS Finl Bull 3x Shs -1.45% EWW(HB) iShs MSCI Mexico ETF -1.61% QLD(HB) ProShs Ultra QQQ Trust -1.70% DXJ WT Japan Hdgd Eqty Fd -1.76% SMH VanEck Vctrs Semiconductor ETF -1.80% EEM iShs MSCI Emerg Mkt ETF -1.82% ERX(HB) Energy Bull 3x Shs -1.90% EWC iShs MSCI Canada ETF -1.91% IEMG iShs Core MSCI Emrg Mrkts -2.00% XLI S&P Sel Industrial Spdr Fd -2.01% EWJ iShs MSCI Japan ETF -2.05% XLB S&P Sel Materials Spdr Fd -2.08% LABD(HB) DX Dly S&P Biotech Bear 3X -2.19% UNG(HB) United States Natural Gas Fd -2.21% EWY iShs MSCI S Korea ETF -2.26% UCO(HB) ProShs Ultra Bloomberg Crude -2.46% TQQQ ProShs UltraPro QQQ -2.51% XME SPDR S&P Metals & Mining -2.58% USLV(HB) VS 3X Silver -2.69% EWA iShs MSCI Australia ETF -2.73% IEFA iShs Core MSCI EAFE ETF -2.81% FXI iShs China Large-Cap ETF -2.95% EFA iShs MSCI EAFE ETF -3.01% EWU(HB) iShs MSCI UK ETF -3.21% EWH(HB) iShs MSCI Hong Kong ETF -3.27% EZU iShs MSCI Eurozone ETF -3.47% SVXY ProShs Short VIX Short-Term -3.70% EWG iShs MSCI Germany ETF -3.76% UWT(HB) VelShs 3x Lng Crude Oil ETNs -4.09% UGAZ(HB) VS 3x Long Natural Gas ETN -6.63%
Alan Valdes of Silverbear Capital joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.