The stock market has seen big moves both ways this week. The S&P 500 (SPY) has surged 1.3% today as bond yields have risen.
Due to the poor performance of the market as a whole, PBE has underperformed with a YTD (year-to-date) return of 1.8%.
November WTI crude oil futures contracts fell for the second day. Crude oil prices fell by 0.93% and settled at $46.66 per barrel on October 13, 2015.
The inflation expectation survey conducted by the University of Michigan asks consumers about their expected level of inflation in the coming year, as well as in the coming five years.
September WTI crude oil futures contracts trading in NYMEX rose by 0.51% on August 12. Crude oil prices rallied due to estimates of the falling US crude oil inventory.
China (GCH) has been the engine of global growth (ACWI) for the past two decades. But its sizzling double-digit growth has now given way to more sedate GDP numbers.
The US is slapping a new 10% tariff on Chinese goods worth $300 billion. Here's how the additional Trump tariffs will affect tech stocks.
The US Dollar Index started this week on a mixed note. The US Dollar Index fell on Monday but regained strength as the week progressed.
The latest news from the US government suggests that the US crude oil export ban could be lifted. The lifting of the ban opens a window for US oil producers.