After a brief hiatus in second place earlier this year, technology shares are again the top-performing US equity sector in 2019, based on a set of exchange trade funds. Tech’s re-acceleration, which began in early March, demoted the former leader – industrial stocks – to second place, based on trading through Mar. 2.
Continue reading
Daily Archives: April 3, 2019
Macro Briefing: 3 April 2019
Senate Leader McConnell to Trump: We’re not repealing Obamacare: The Hill
GOP and business groups advise Trump not to close US-Mexico border: WSJ
US and China reportedly moving closer to trade agreement: CNBC
Chinese woman arrested at Trump’s Mar-a-Lago resort: Reuters
World Trade Org: 2018’s slowdown in global trade is expected to continue: Reuters
UK’s May to meet with opposition party for talks on Brexit solution: BBC
Eurozone Composite PMI: sluggish growth continued in March: IHS Markit
China services activity picked up to 14-month high in March: Reuters
Is the Fed fanning a financial bubble? Bloomberg
US durable goods orders & business investment: 1yr trends weakened in Feb: