Mattel was the S&P 500’s top loser on September 18. Most of the toy manufacturers and sellers fell on Monday due to Toys “R” Us filing for bankruptcy.
CF Industries Holdings, which manufactures and distributes agricultural fertilizers, was the S&P 500’s top gainer on Monday.
The S&P 500 started this week on a stronger note. It rose on September 18 and carried the buying momentum forward from last week.
The US-listed ETFs witnessed strong inflows last week with the addition of $11.7 billion. It brought the year-to-date total to $319.9 billion.
The SPDR S&P Bank ETF (KBE) rose 4.20% for the week—its biggest weekly rise since June. The SPDR S&P Regional Banking ETF (KRE) rose 4.4%.
Several large US banks and credit card companies reported a rise in credit card delinquency rates for August—the second rise after falling for four months.
In this series, we’ll look at 11 S&P 500 companies offering high dividend yields.
The S&P 500 started last week amid improved global market sentiment. The market rose in four out of five trading days last week.
At 6:15 AM EST on September 18, the FTSE 100 Index is trading at 7,230.25—a rise of 0.2%. On September 15, EWU rose 0.06% and closed at 34.53.
On September 18, 2017, the Shanghai Composite Index rose 0.53% and ended at 3,362.86. The SPDR S&P China ETF (GXC) rose 0.54% and closed at 103.20.
What’s harder than getting your clients who are reluctant to save to have the discipline to regularly contribute to their investment portfolio?
There’s a series of economic data coming out this week. All of the data are expected to rebound somewhat from being fairly weak in July.
On Tuesday, Apple announced a series of new products. The stock hit a high of almost $164 before the event. Since then, the stock has fallen 2.5% to $160.
JPM’s total assets grew to $2.56 trillion as of June 30, 2017, compared with $2.47 trillion at the end of 2Q16.
JPM’s derivative receivables fell from $78 billion to $56 billion in 2Q17, reflecting more deployment toward long-term assets.
As of June 30, 2017, JPM’s book value per share grew 5% YoY (year-over-year) to $66.05, and its tangible book value managed a 6% rise to $53.29.
In 2Q17, JPM’s Commercial Banking division posted revenues of $2.09 billion, compared with $1.82 billion in 2Q16.
As of September 2017, 15 of the 29 analysts covering JPM have rated the stock a “buy” or “strong buy,” compared to 18 analysts in January 2017.
JPM was managing $1.9 trillion as of June 30, 2017—a growth of 11% on a YoY basis and of 2% on a sequential basis—reflecting strong inflows.
JPMorgan Chase’s (JPM) stock has generated a return of 4.5% over the past three months and a return of 36.8% over the past year.