|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||75.88 - 76.41|
|52 Week Range||61.80 - 77.65|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.14%|
Stocks are down and the volatility index is up about 2 percent today on the heels of yesterday's big rally. What's behind the move, with Mark Luschini, Janney Montgomery Scott, and Stephen Wood, Russell Investments.
The US Census Bureau releases a monthly report on retail sales in the US. According to the notes on the official website, the Census Bureau conducts an advance monthly survey of retail trade and food services companies. According to the December retail sales report, gains were spread across the industries.
The U.S. Bureau of Labor Statistics releases a monthly report that tracks the price trends in wholesale markets. The manufacturing industries (XLI) in the US are surveyed to collect the required data to construct the PPI (producer price index). The changes in raw material prices, production levels, and the finished goods inventory are recorded in this report.
Hess Corporation (HES) will release its fiscal 4Q17 and fiscal 2017 earnings on February 5, 2018. Hess’s 4Q17 revenue estimate is $1.3 billion, while its fiscal 2017 revenue estimate is ~$5.3 billion. By comparison, Hess reported revenues of $1.19 billion in 4Q16, while its fiscal 2016 revenues came in at $4.8 billion. As you can see from the graph, analysts expect Hess’s revenues to rise on a YoY (year-over-year) basis.
According to data provided by the US Bureau of Labor Statistics, the US Consumer Price Index, or the inflation index, rose 0.1% in December 2017 as compared to a 0.4% rise in November 2017. This inflation figure was slightly lower than the market’s expectations of a 0.2% rise.