(Reuters) – Wall Street was lower on Thursday, with the S&P 500 set to end the year with a small loss as energy stocks took a hit from a plunge in crude oil.
CVS, Chevron, and J&J are among Michael Farr’s top 10 stock picks for 2016. Here’s why those and seven others made the list.
Former State Department Senior Advisor Christian Whiton on the retaking of Ramadi and the debate over mosque surveillance.
Isn’t it a wonderful coincidence that India celebrates birthday and birth anniversary of two stalwart entrepreneurs who inspired millions of people? Yes, 28th December is the special day when Mr Ratan Tata and Mr Dhirubhai Ambani, born. Both lived their life in different ways but demonstrated the excellence of leadership qualities.
Looking at the sectors faring worst as of midday Wednesday, shares of Services companies are underperforming other sectors, up 0.6%. Within that group, Bed, Bath & Beyond, Inc. (NASD: BBBY) and Expedia Inc (NASD: EXPE) are two large stocks that are lagging, showing a loss of 4.1% and 1.2%, respectively. Among the largest ETFs, one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (AMEX: IYC), which is up 0.4% on the day, and up 6.44% year-to-date. Bed, Bath & Beyond, Inc., meanwhile, is down 35.38% year-to-date, and Expedia Inc is up 48.58% year-to-date. Combined, BBBY and EXPE make up approximately 0.7% of the underlying holdings of IYC.
With just a few days left of the year, here’s a look at which assets performed well in 2015 and which were best avoided.