Send Thanks! A link has been sent. Done ETF Performance Report: July Stall By ETFtrends.com 2 hours ago 0 shares Content preferences Done Stocks and equity-based exchange traded funds have remained relatively range bound over July, dancing around back-and-forth, as investors weighed geopolitical volatility overseas against stronger economic data. Over the past month, the go here Dow Jones Industrial Average, the Nasdaq Composite and the S&P 500 all declined about 0.2%. After a steep sell-off in June on escalating violence in Iraq, middle East markets, like the United Arab Emirates and Qatar, plunged on the risk-off pressure.
Last month, Cooparaiso, a cooperative of 3,200 growers in southwestern and southern Mina Gerais, diminished its forecast by 17% to 2.4 million bags, and Cocapec, which represents 2,100 growers in the Alta Mogiana region, said harvests will fall 10% year-over-year. [Slack Brazil Crop Lifts Coffee Yields] Dwindling Brazilian exports are expected to further propel coffee futures. Citigroup pared its Brazilian forecast to 41.75 million this year from 44.25 million, reports Agrimoney. The bank noted that this years drought will affect the 2015 Brazilian coffee crop, saying next years crop should inherently be smaller than the current crop. A sub 40m-bag crop for the 2015-16 year seems unavoidable at this point, according to Agrimoney .
Telecom Earnings and Windstream REIT Plan Boost These ETFs - ETF News And Commentary - NASDAQ.com
Agricultural ETFs Hit New Lows While summer is fuelling rally in the energy prices, agricultural commodities like corn and wheat are on the declining trend thanks to favorable weather conditions that are adding to supply glut. In fact, a number of ETFs in the agricultural world like iPath Pure Beta Agriculture ETN ( DIRT ) , Teucrium Corn ETF ( CORN ) and Teucrium Wheat Fund ( WEAT ) touched all-time lows in the month. The products are down 11.8%, 15% and 9.7%, respectively, this month. CORN and WEAT have a Zacks Rank of 2 or 'Buy' rating while DIRT has a Zacks Rank of 5 or 'Strong Sell' rating (read: 3 Agricultural Commodity ETFs Slumping in July ). U.S.
Stocks try to swallow funky data mixture in middle of a 'digestion year' - Yahoo News
This caused shares of Sprint to end the day in the red, losing 3% on elevated volume (read: A Comprehensive Guide to Telecom ETFs ). AT&T Earnings in Focus Earnings per share came in at 62 cents a share, down 7.5% year over year and a penny short of the Zacks Consensus Estimate. Though revenues edged up 1.6% year over year to $32.6 billion, they missed our estimates of $33.2 billion. A record low churn rate and substantial increase in postpaid wireless subscribers led to the year-over-year revenue growth.
Leveraged Loan Funds See 14th Outflow In Last 16 Weeks; Year-To-Date Sum Falls Into The Red - Forbes
The outflow is on spot with $413 million last week, and once again, there was essentially no influence on the ETF front. There have now been 14 weeks of outflows over the past 16 weeks, for a combined negative $7 billion over that span, which follows a record-shattering 95-week inflow streak totaling $66.7 billion. The trailing four-week average also held relatively steady, at negative $302 million per week on average, from negative $315 million last week. However, this measure remains much narrower than a peak at $858 million in the week ended June 11. Year-to-date flows turn into negative territory, at $54 million, based on a net withdrawal of $815 million from mutual funds set against a net inflow of $761 million to ETFs.
Top ETF Stories of July - ETF News And Commentary - NASDAQ.com
Meantime, persistent sluggish growth and deflationary signals in Europe are spurring some nervousness in the debt markets there. This at least raises the prospect of one huge economy in the U.S. the one with the typically more aggressive central bank requiring tighter money, and another in Europe stagnating and "asking" for easier money that the European Central Bank seems less eager to offer. The churning beneath the mostly sideways action in the blue-chip indexes is quite consistent with the digestion year analogy aired here in April , much like we saw in 2005 a flattish period with only rare bouts of volatility. As in 2005, this year was preceded by an all-inclusive melt-up in stocks that reflected a better economy and lower-risk environment but also fattened stock valuations well beyond cheap status. Corporate profit margins were already high, and in both years the Fed was transitioning monetary policy in a well-telegraphed way from extreme generosity to something closer to normal. Familiar patterns The patterns of this year havent followed 2005 in lockstep, but theyre close enough. The Dow Jones Industrial Average made no headway in the fist seven months of 2005, slipping 1.5% by July 31; this year the Dow has a fractional loss through the same date.