RECENT Global Equity ETFs RESEARCH
The iShares NASDAQ Biotechnology ETF (IBB) and the SPDR S&P Biotech ETF (XBI) provide investors with an opportunity to hold a basket of stocks from different subindustries from the biotech sector.
On August 3, Microchip announced its 1Q16 earnings, reporting revenues of $534 million. This is a 0.94% increase year-over-year, compared to revenues of $528.9 million in 1Q15.
Diamond Offshore Drilling, an oil and gas drilling company, reported a 5.47% gain on August 28. The company’s trailing five-day return was 12.61%.
Tuesday, September 1, saw the US stock market go into the red over the release of a new manufacturing report from Beijing.
Freeport-McMoRan (FCX), Denbury Resources (DNR), and Consol Energy (CNX) were among the top-performing stocks in SPY on August 27.
August 20 was not a good day for the SPDR S&P 500 ETF (SPY), which fell 2.09%. Of its 502 constituent stocks, only 23 recorded positive returns, with Windstream (WIN) at the top.
The euro fought its way to end in positive territory against the US dollar on August 31, 2015, as inflation levels didn’t fall as anticipated in the month of August.
Intrexon (XON) plummeted by 14.4% after it announced its 2Q15 results. As per the company’s press release, XON’s total revenue was $44.9 million.
The August reading of the Chicago PMI (purchasing managers’ index) came out on Monday, August 31. The Chicago PMI summarizes current business activity.
Standing for Brazil, Russia, India, China, and South America, BRICS represents the economic powerhouses of the future. In this series, we will analyze how 2015 has treated investments focused on these geographies.
In April 2015, it was announced that Informatica agreed to be bought by Canada Pension Plan Investment Board and Permira Advisors for $5.3 billion.
A “three-arrow” economic program, Abenomics combines monetary easing, fiscal expansion, and structural reform. In this series, we will look at how economic releases have impacted Japan-focused mutual funds.
On July 30, T-Mobile announced its 2Q15 results, reporting revenue growth of 14% YoY. Its operating revenue was significantly impacted by a $747 million gain on the disposal of spectrum licenses in 2Q14.
The global markets remained flat as of August 17. The SPDR S&P Biotech ETF (XBI) underperformed the SPDR S&P 500 ETF (SPY). XBI returned -0.54%.
The annual Jackson Hole Symposium attracts a high-profile audience including finance ministers, central bankers, and academics from around the world.
The Conference Board Consumer Confidence Index for August came out at 101.5. It was a much higher level than the previous month’s reading of 91.
The benchmark-tracking SPDR S&P 500 ETF Trust gained 2.47% on August 27, as the US Bureau of Economic Analysis came out with its second estimate for the 2Q15 gross domestic product.
The United States Census Bureau released the new home sales figures on August 25. New home sales increased by 26,000 in July, falling short of consensus estimates of 516,000.
The market was still in turmoil on Tuesday, August 25, after a short rise in the SPDR S&P 500 ETF (SPY). SPY was down by 1.2% for the day.
The FOMC, the select group of policymakers who decide the direction of monetary policy in the US, seemed uncertain about the timing of a federal funds rate hike if the July 2015 minutes are an indication.