The annual inflation rate in the United States dropped to 4.9% in April 2023, the lowest since April 2021.
The first-quarter earnings picture for the transportation sector has been solid. This is especially true as the sector is the largest contributor to the earnings growth so far.
Sector ETF report for JETS
Bottom line may be investors' top focus amid an earnings season, but top line probably tells you more about the inherent strength of a company.
The United States economy added 236,000 jobs in March, the least since December of 2020, and compared to forecasts of 239,000.
Smart Beta ETF report for XTN
Sector ETF report for IYT
Though U.S. inflation slowed in February, these sectors witnessed price gains. The associated ETFs may thus gain ahead.
Sector ETF report for XTN