U.S. stocks dropped down, with the Standard & Poor’s 500 Index heading for a second straight weekly loss, after better-than-forecast jobs data fueled speculation the Federal Reserve is moving closer to raising interest rates.
Employers added more jobs than forecast in February and the unemployment rate dropped to 5.5 percent, the lowest in almost seven years, showing the labor market is sustaining progress after the best annual performance in 15 years.
Following U.S. Shares are active during the current trading session: SPDR S&P 500 ETF Trust (NYSEARCA:SPY), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Chesapeake Energy Corporation (NYSE:CHK), Itau Unibanco Holding SA (ADR) (NYSE:ITUB)
Their insights are depicted underneath:
SPDR S&P 500 ETF Trust (NYSEARCA:SPY)’s dwindled -0.97%, and is now trading at $208.50. It is active as 47,918,038 shares changed hands versus its average volume of 134,454,000 shares.
The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500® Index. The Trust seeks to achieve its investment objective by holding a portfolio of the ordinary stocks that are comprised of in the Index, with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), declined -1.56%, and is now trading at $5.99. The Stock is active as 14.90M shares changed hands versus its average volume of 44.55M shares. The stock has the beta value of 1.89, and its volatility for the week is 3.50%, while for the month it is 4.56%. The company has the market capitalization of $39.16B. The mean recommendation of analysts for this stock is 3.00.(where 1=Buy, 5=Sale).
Petróleo Brasileiro S.A. Petrobras operates as an integrated oil and gas corporation in Brazil and internationally. Its Exploration and Production segment is engaged in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; sale and transfer of crude oil in domestic and foreign markets; and sale of oil products produced at natural gas processing plants.
Chesapeake Energy Corporation (NYSE:CHK), dipped -1.19%, and is now trading at $15.73. The Stock is active as 14.96M shares changed hands versus its average volume of 17.57M shares.
Chesapeake Energy Corporation (CHK), declared that its Board of Directors has declared a $0.0875 per share quarterly dividend that will be paid on April 30, 2015 to ordinary shareholders of record on April 15, 2015.
Chesapeake Energy Corporation (CHK) is the second-largest producer of natural gas and the 11th largest producer of oil and natural gas liquids in the U.S. Headquartered in Oklahoma City, the corporation’s operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the U.S.
Itau Unibanco Holding SA (ADR) (NYSE:ITUB), dropped -3.87%, and is now trading at $11.42. The Stock is active as 10.39M shares changed hands versus its average volume of 13.32M shares. The company has the market capitalization of $61.19B. The beta value of the stock is 1.64. On the other hand the stock’s volatility for the week is 2.37%, and for the month is 2.59%. The stock price to book value is $1.85, however price to sale value is $1.45. Analyst’s mean recommendation regarding this stock is 2.30. (where 1=Buy, 5=Sale).
Itaú Unibanco Holding S.A. provides various financial products and services to individuals and corporate clients in Brazil and internationally. The company operates through Commercial Bank Retail, Consumer Credit Retail, and Wholesale Bank segments. The company accepts demand deposits, savings deposits, and time deposits; and offers credit cards, personal loans, payroll loans, vehicle loans, and residential mortgage loans.
