|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's range||13.20 - 13.73|
|52-week range||11.76 - 22.11|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||09 Aug 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||22.14|
The government bond market rally that had sent U.S. Treasury yields under 1.2% and the entire German curve negative paused on Tuesday, though there were more problems in China as internet giant Tencent took another battering. A Chinese state media outlet branding online games "spiritual opium" was enough to send Tencent's shares tumbling as much as 10% in Asia, wiping $60 billion off its value hot on the heels of its worst month in nearly a decade. Shares in Amsterdam-listed tech investment firm Prosus, which holds a 29% stake in Tencent, fell more than 5%.
The stock market was volatile on Monday, initially pushing higher but giving up ground over the course of the day. Monday afternoon, it was Arista Networks (NYSE: ANET) and Take-Two Interactive Software (Nasdaq: TTWO) that were on display, and like some of their peers, both stocks moved lower following their financial releases. Shares of Arista Networks fell almost 1% in the regular session on Monday, and then added a further decline of more than 1% after hours.
Here we discuss some top-ranked ETFs that seem like a good addition to the portfolio considering the present market scenario largely dominated by delta variant concerns.