The U.S. economy unexpectedly added 4.8 million jobs in June, breezing past economists??? expectations of job gains of 2.9 million.
At the onset of 2H, the operating and investing backdrop looks mixed as the second wave of virus contagion has already hit while several economic datapoints are coming in upbeat thanks to the unlocking...
Retail sales in the United States surged 17.7% sequentially in May. This marked the biggest uptick on record in retail sales as the coronavirus-led lockdown eased.
The central bank would begin purchasing individual corporate bonds as part of its emergency lending program to inject liquidity into the virus-stricken economy.
Oil made the greatest comeback in history after plunging into negative territory in April.
Consumer confidence and spending started to pick up from May. The related funds should go higher in June.
Consumer spending is very important for U.S. economic well-being as it contributes 70% of the U.S. GDP.
A slew of earnings and revenue beat drove the retail ETFs higher from a one-month look.
Inside the most-hurt and least-hurt sectors in light of the retail sales for the month of April.
Given the strong e-commerce trend, it is reasonable to be optimistic about earnings results from the traditional operators and their stock prices.
As the U.S. economy is gradually reopening, these investment areas should perform well.
As the U.S. economy reopens, Wall Street may remain charged up, benefiting high-beta ETFs. Investors can tap those with cheaper valuation.
Wall Street jumps on reopening of the economy and Fed. These sectors were badly beaten down in the coronavirus selloff and are looking well poised to rally faster than the broader market.
Wall Street jumps on reopening of the economy and Fed as well as on government stimulus. These sector laggards are emerging as winners.
Severe demand shocks emanated from coronavirus-led lockdowns, ample supplies and storage crisis caused oil price rout lately. These sector ETFs could win/lose amid the environment.
Though sliding oil price has sent shockwaves through the global energy sector, especially oil producers and explorers, it has been a blessing for a few corners of the market, including airlines, retail,...
Oil price resumed its downtrend and plunged to the lowest level at the close on Apr 15 for the first time in two decades. We have highlighted some ETFs that are expected to benefit/lose from lower oil...
March retail sales saw a record decline due to the coronavirus-led economic shutdown. These ETF areas won/lost in the month.
These ETFs are likely to stay strong in the coming days as virus cases are showing signs of a slowdown in some global hotspots.
These sector ETFs gained close to double digits on Monday???s trading session.