Can Exelon Stock Keep the Lights on in 2017?
Right now, Exelon (EXC), the largest hybrid utility in the US, seems to be relatively better placed among peers.
China’s service sector has been showing tremendous improvement since the last quarter of 2016.
The US dollar is expected to keep the yuan under pressure. Investors can probably expect a massive outflow of capital from China in 2017.
The official manufacturing index for China, the Caixin Manufacturing PMI, rose to 51.7 in February 2017 compared to 51.0 in January 2017.
The main drivers of China’s (FXI) (GXC) stock market are domestic investors who make the market volatile.
In 2016, property prices in China soared about 30.0% due to increased activity in the real estate space.
The bubbles created in China’s stock market in 2007 and 2015–2016 show that stocks fell ~65.0% and ~41.0%, respectively.
The United Kingdom’s FTSE 100 index is slightly weaker in the early hours. The market is cautious before the US healthcare vote scheduled for today.
On March 24, the Shanghai Composite Index rose 0.63% and ended the day at 3,268.93. GXC closed at 83.24—a gain of 0.28% on March 23.
Eagle Ford companies’ stock performance In this part of our series, we’ll discuss the stock performance of Eagle Ford players Marathon Oil (MRO), EOG Resources (EOG), ConocoPhillips (COP), and Carrizo Oil…
Dynegy (DYN) shares fell as much as 6.6% on March 22, 2017, and reached a new 52-week low of $6.67. Dynegy shares closed at $6.96.
In fiscal 1H16, Micron Technology’s (MU) DRAM product mix was more inclined toward PCs, as its mobile DRAM took a little longer to qualify.
Emerging markets and developing economies are expected to grow 4.5% and 4.8% in 2017 and 2018, respectively, according to the IMF update.
The world markets are poised to grow at a moderate pace of 3.4% and 3.6% in 2017 and 2018, respectively.
European stocks are expected to rise in 2017, but you need to be cautious of unexpected political outcomes in 2017.
Global economic activity is expected to pick up in 2017 after a lackluster 2016. It’s expected to be driven by economic activity in the United States.
After showing weakness for three consecutive trading weeks, crude oil opened lower this week. Crude oil continues to move lower.
After a weak performance on Tuesday, European markets opened lower and fell in the morning session on March 22.
After gaining for two consecutive trading days, China’s Shanghai Composite Index pulled back and gave up gains on March 22.
After showing weakness for two consecutive days, the financials sector fell on March 21. On Tuesday, the S&P 500 Financials sector index fell 2.9%.