The sharp tumble in technology stocks in recent days has yielded this year’s leading sector performance to consumer discretionary, based on a set of exchange-traded funds. Shares of consumer discretionary firms have also fallen in recent days, but the setback has been relatively mild compared with tech.
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Daily Archives: July 31, 2018
Macro Briefing: 31 July 2018
US spy satellites find new N. Korean missile activity: Reuters
Will Trump follow through on his gov’t shutdown threat? Probably not: Bloomberg
Trump administration considers bypassing Congress for new tax cut: NY Times
Factories moving out of China over trade-war tensions: Forbes
US pending home sales up in June, first gain in 3 months: Reuters
Robust expansion in Texas factory activity continued in July: Dallas Fed
Fed funds futures: no rate change expected for Aug 1 FOMC meeting: CME