All ETF Daily News Articles

Why did the Dow Jones Industrial Average fall 350 points today?

From Fred Imbert: Stocks fell on Friday as investors feared President Donald Trump's surprise threat of tariffs on all Mexico imports, amid a worsening trade war with China, could risk sending the U.S. economy into a recession.
INDEXDJX:.DJI May 31, 2019 5:28pm

The average mortgage rate falls under 4%

housepic
From Doug Whiteman:

Here's something we haven't seen since January of last year: Mortgage rates below 4%, on average!

NYSE:XHB May 31, 2019 5:21pm

Which industry will be hit the hardest from Trump’s threat of tariffs on Mexican imports? Reuters

Stock market pic
From Miyoung Kim: U.S. President Donald Trump said on Thursday a tariff of 5% would be imposed on all goods coming from Mexico, increasing gradually each month until reaching 25% on Oct. 1, unless Mexico takes immediate action to curb illegal immigration.
NASDAQ:CARZ May 31, 2019 2:37pm

Why 2020 is pivotal for marijuana stocks

From SmarterAnalyst:

2020, a year you might want to keep your eyes on. It's a pivotal year of presidential elections in the USA. And if you haven't heard already, there are plenty of candidates ready to tax cannabis in the recreational and medical U.S. market.

NYSE:MJ May 30, 2019 4:58pm

Will the dollar continue to show strength amidst US-China trade war?

dollarbill
From Todd Shriber: After ranking as one of last year's best-performing major currencies, the U.S. dollar was supposed to give back some of those gains in 2019. The Invesco DB US Dollar Index Bullish Fund UUP 0.02%, the largest exchange traded fund tracking greenback price action, did not get the memo.
NYSE:UUP May 30, 2019 4:47pm

Report: China halts purchases of U.S. soybeans

uschinatradewar
From Yun Li:
NYSE:SOYB May 30, 2019 3:41pm

Do you know which precious metal has been the weakest in 2019?

From Allen Sykora: Silver is the weakest of the precious metals this year, losing 7% so far in 2019, with little on the horizon to pull it up aside from any bounce in gold, said UBS. "Gold remains a key driver for silver prices, and therefore lackluster price action has mostly been acting as a drag," UBS said. "Investor indifference towards gold is amplified even more in silver."  The gold-silver ratio has climbed above 89, the highest since 1993 and representing an underperformance by silver. "This could ultimately attract interest - at the very least from a relative value perspective - but the bar remains high for silver upside catalysts that could trigger a sharp reversal in the ratio for now," UBS said. "A convincing break higher in gold is likely to revive investors' enthusiasm towards silver, with the view that there's plenty of catching up to do. However, although certain macro factors are looking more supportive for gold here (further decline in rates, weakness in equities), the dollar remains strong and broader conditions still appear insufficient to call for a strong bull run for now." Unlike gold, more than 50% of silver's demand is for industrial uses, meaning exposure to economic activity. "On this front, silver has met challenges given risks to global growth amid higher tariffs and continued trade tensions between the U.S. and China," UBS said. "Base metals have similarly come under pressure. Global sales of semiconductors are down sharply, and our colleagues in equities note high inventories amid slower rate of demand in end markets." Meanwhile, holdings of silver by exchange-traded funds are down by 2%, or 10.95 million ounces, so far in 2019, UBS added.
NYSE:SLV May 30, 2019 3:12pm

U.S. pending home sales fall in April, despite lower mortgage rates

Housing Market down
From Diana Olick:
NYSE:XHB May 30, 2019 12:39pm

Why is this billionaire predicting gold could hit $5,000?

gold
From Neils Christensen: You can add another billionaire to the bullish gold camp as Thomas Kaplan, chairman and chief investment officer of Electrum Group said in a recent interview with Bloomberg that gold is on the cusp of a new decade long bull market.
NYSE:GLD May 30, 2019 12:32pm

Oil prices fall on fears of a global economic slowdown

From Reuters: Oil prices extended their losses following the release of a U.S. report showing a smaller-than-expected decline in crude inventories.
NYSE:USO May 30, 2019 12:24pm

Retail sector tumbles, led by Abercrombie & Fitch

abercrombiefitchlogo
From Andria Cheng:

Abercrombie & Fitch shares slumped 25% Wednesday after the clothing retailer reported disappointing sales growth and outlook and said it will shut another three flagship stores.

NYSE:XRT May 29, 2019 7:05pm

Which semiconductor stocks are Buys at these reduced prices?

From Timothy Smith:
NYSE:SMH May 29, 2019 6:46pm

Orchid Research says silver will continue to underperform gold

From Anna Golubova: (Kitco News) - Unfortunately for silver bulls, there is no good news in sight for the precious metal, according to Orchid Research that believes silver will continue to underperform gold due to weaker safe-haven appeal.
NYSE:SLV May 29, 2019 3:42pm

The Dow Jones Industrial Average falls as bond yields decline

Dow Jones
From Fred Imbert: Stocks fell on Wednesday as bond yields declined again, triggering concerns about the economic outlook. Increasing trade tensions in the China-U.S. trade fight also weighed on markets.
INDEXDJX:.DJI May 29, 2019 3:30pm

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