The Latest News:
- U.S. stocks inched higher on Veteran’s day in listless trading.
- “Today’s going to be very light because it’s a holiday for many people,” John Carey, a portfolio manager at Pioneer Investment Management, said in a Bloomberg article. “People will be watching over the next few weeks to see if the Fed does decide to begin tapering this year. If earnings continue trending higher the support will be there for better share prices.”
- Looking ahead this week, market observers are waiting on retail sector earnings.
- “Investors want to know the strength of the U.S. consumer going into what might be a tepid holiday season,” Alison Porter, U.S. equities fund manager at Ignis Asset Management, said in the article. “Consumer spending has been fairly restrained. With big retailers like Wal-Mart and Home Depot yet to report, we’ll want to see whether that has picked up.”
Schwab U.S. Dividend Equity ETF
For past stories in this series, visit our ETF Spotlight category.
Max Chen contributed to this article. Tom Lydon’s clients own shares of SCHD, Coca-Cola, Microsoft and P&G.