|Bid||0.00 x 1000|
|Ask||0.00 x 900|
|Day's Range||65.19 - 67.25|
|52 Week Range||64.37 - 79.42|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.07|
|Expense Ratio (net)||0.14%|
Julian Emanuel, BTIG, says investors shouldn't panic here, and discusses whether there's more market volatility ahead. With CNBC's Joe Kernen and the Fast Money traders, Pete Najarian, Steve Grasso, Brian Kelly and Tim Seymour.
What should investors pay attention to? And what's just noise. With Jimmy Lee, Wealth Consulting Group, and Jeff Carbone, Cornerstone Financial Partners.
A federal judge issued an order to halt the construction of the controversial Keystone XL pipeline. Yahoo Finance's Julie Hyman, Adam Shapiro, and Alexis Keenan discuss.
Oil prices plunging for the tenth straight session. Yahoo Finance's Julie Hyman and Adam Shapiro discuss with Bullseye Brief author and publisher Adam Johnson and Fundstrat Global Adivsors Co-founder Tom Lee.
The Dow and S&P 500 on Tuesday finished an up-and-down session lower, extending a rout that kicked off a day ago, after crude-oil prices registered their worst daily drop in more than three years. The sharp declines in oil have weighed on market sentiment, raising concerns about global economic growth, and dragged the energy sector lower. A popular gauge of energy, the Energy Select Sector SPDR ETF , finished down 2.4%. The S&P 500 index closed off 0.2% at 2,722, marking its fourth straight decline, with the energy and health-care sectors leading the day's losses. The Dow Jones Industrial Average ended 0.4% lower at 25,286, driven lower by a sharp decline in shares of Boeing Co. , after a report by the Wall Street Journal indicated problems with part of its fleet of jets. The Nasdaq Composite Index , meanwhile, ended Tuesday trading flat at 7,200. Meanwhile, West Texas Intermediate for December delivery settled 7.1% lower at $55.69 a barrel on the New York Mercantile Exchange, marking its sharpest one-day fall since September 2015, registering its 12 consecutive loss and deepening the commodities stunning slide into bear-market territory, defined as a drop of at least 20% from a recent peak.
On November 12, US crude oil December futures fell 0.4% and settled at $59.93 per barrel—the lowest closing level for active US crude oil futures since February 13. The Energy Select Sector SPDR ETF (XLE) fell 2.1% on November 12. The S&P 500 (SPY) and the Dow Jones Industrial Average (DIA) fell 2% and 2.3%, respectively. The fall in the broader market might have dragged energy stocks.
The 2016 election of a free-wheeling Republican businessman should have signaled great times for the U.S. oil patch, but that hasn't happened, even though crude oil hit a four-year high in September 2018. The oil equipment and services sector is leading the downside during the current malaise, with the VanEck Vectors Oil Services ETF ( OIH) now trading at a 15-year low. Blue chips are currently underperforming smaller companies in the oil equipment and services sub-sector, with Halliburton Company ( HAL) trading at a 2.5-year low while Schlumberger Limited ( SLB) probes an astounding nine-year low.
On November 2–9, US equity indexes ended in the green. Last week, the Dow Jones Industrial Average (DIA), the S&P 500 (SPY), and the S&P Mid-Cap 400 (IVOO) rose 2.8%, 2.1%, and 1.1%, respectively. Energy stocks form ~5.2%, 5.9%, and 5.1%, respectively, of these equity indexes.
This week, specific events could impact oil and natural gas prices. Early this week, the EIA’s (U.S. Energy Information Administration) DPR (Drilling Productivity Report) and OPEC’s Monthly Oil Market Report are scheduled to be announced. Later in the week, the IEA’s Oil Market Report will provide a brief snapshot of the oil demand and supply situation.
This Week In the Economy Last week closed off with a surprise jump in producer prices, the Producer Price Index (PPI) rising 0.6% sequentially, 3x faster than the expected print of 0.2%. Producer prices are still rising at just below 3% annually, excluding food and energy. This week those numbers will be reinforced with Consumer […] The post Market Morning: GE Clobbered, Alibaba Singled Out, Oil Tremors, Italian Showdown appeared first on Market Exclusive.
Oil rose by more than 1 percent on Monday, set for its largest one-day increase in a month. The rise comes after Saudi Arabia said OPEC and its partners believed demand was softening enough to warrant an output cut of 1 million barrels per day. Brent crude futures rose 92 cents on the day to $71.10 a barrel, while U.S. West Texas Intermediate rose 50 cents to $60.69 a barrel.
Crude oil ended Friday with its 10 th straight session of losses, a losing streak not seen in more than 34 years. Such a steep sell-off has made a mess of the commodity's charts, says Matt Maley, equity strategist at Miller Tabak.
On November 1–8, US equity indexes had the following correlations with US crude oil December futures: the S&P Mid-Cap 400 (IVOO): 31% the Dow Jones Industrial Average (DIA): 22% the S&P 500 (SPY): 20.8%