The latest report on April’s U.S. consumer confidence shows that the metric has seen a record decline, largely due to the coronavirus-led spike in unemployment and shut down of economic activities. The Conference Board's measure of consumer confidence index stands at 86.9 (the
The coronavirus pandemic continues to spread globally as the number of infected cases rise more than 3.2 million, with the death toll at least 227,000. Moreover, the United States has witnessed more than a million coronavirus cases so far. In such a grim scenario, the latest pos
Gold miners are likely coronavirus beneficiaries as the space added about 45% past month (as of Apr 28, 2020), breezing past the S&P 500 ETF’s IVV 12.74% gains. In comparison, gold bullion ETF GLD advanced about 6%.
Talks ofreopening of the economy and an improvement in virus cases have injected a new-found enthusiasm into Wall Street bulls. Recent datapoints showed that the outbreak is gradually coming under control, even in the hardest-hit states. Some upbeat earnings and positive Data fo
After a tumultuous ride last month, Wall Street has staged a solid rebound this month with the three major indices having recovered more than 30% from their mid-March lows. This is primarily thanks to aggressive stimulus efforts and hopes of resumption in economic activity as ma
The Invesco S&P 500— Equal Weight Energy ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.2 million shares traded versus three month average volume of about 119,000. Shares of RYE were down about 1.3% on the day.
In trading on Thursday, the MLP ETF is outperforming other ETFs, up about 2.9% on the day. Components of that ETF showing particular strength include shares of Genesis Energy, up about 9.4% and shares of TC Pipelines, up about 5.6% on the day.
After the closing bell on Wednesday, Tesla Motors TSLA surprised Wall Street by reporting stellar first-quarter results amid the coronavirus crisis. It easily topped earnings and revenue estimates.Q1 Earnings in FocusAdjusted earnings per share came in at 8 cents, well above the
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the DBEF ETF (Symbol: DBEF) where we have detected an approximate $46.5 million dollar outflow -- that's a 1.2% decrease week over week (from 133,350,8
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 3000 ETF (Symbol: IWV) where we have detected an approximate $50.9 million dollar outflow -- that's a 0.5% decrease week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the High-Yield Municipal Index ETF (Symbol: HYD) where we have detected an approximate $43.1 million dollar outflow -- that's a 1.7% decrease week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P— Dividend ETF (Symbol: SDY) where we have detected an approximate $58.8 million dollar outflow -- that's a 0.4% decrease week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the WisdomTree U.S. MidCap Dividend Fund (Symbol: DON) where we have detected an approximate $43.4 million dollar outflow -- that's a 1.6% decrease wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares TIPS Bond ETF (Symbol: TIP) where we have detected an approximate $207.8 million dollar inflow -- that's a 1.1% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Portfolio S&P 500— Growth ETF (Symbol: SPYG) where we have detected an approximate $106.4 million dollar inflow -- that's a 1.5% incr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Industrial Select Sector SPDR— Fund (Symbol: XLI) where we have detected an approximate $134.0 million dollar inflow -- that's a 1.8% increas
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Core S&P Mid-Cap ETF, where 2,200,000 units were destroyed, or a 0.9% decrease week over week. Among the largest underlying c
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the USO ETF, which added 294,900,000 units, or a 24.8% increase week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Portfolio S&P 500— Value ETF (Symbol: SPYV) where we have detected an approximate $71.5 million dollar inflow -- that's a 1.7% increa