China To Play Constructive Role In Promoting Ukraine Peace Talks;

U.S. retail sales for May fell short of expectations, concerning economists, as it could signal a slowdown in economic growth. The U.S. Census Bureau reported that sales ticked up 0.1% from April to May, missing expectations of a 0.2% month-on-month increase. May sales, which totaled $703.1 billion, were up 2.3% from a year ago, while sales for the March 2024 to May 2024 period gained 2.9% from the same period a year earlier, the agency reported. Nonstore retailers were up 6.8% from last year, while food services and drinking places were up 3.8 % from May 2023. The market reacted calmly to the retail sales miss, as exchange-traded funds in the retail and food services sectors saw

Archer-Daniels-Midland Company (NYSE:ADM) shares are trading lower today. On Monday, the company disclosed that Chief Financial Officer (CFO) Vikram Luthar plans to resign from the post effective September 30, 2024. The company said Luthar will receive an annual cash performance incentive award of $743,419 for 2023 and shares earned in 2021 related to the company’s performance.  Luthar will remain at the company as a non-executive employee until his resignation date to provide transitional support as the company searches for a new CFO. Read: ADM Executive Bonuses Delayed Amidst Accounting Probe, Leaked Memo Reveals: Report Luthar is the highest-level executive to leave the firm s

On CNBC’s "Halftime Report Final Trades," Joshua Brown of Ritholtz Wealth Management named PepsiCo, Inc. (NASDAQ:PEP) as his final trade.  "This is ridiculous," he added. "We're not all going to be skinny." PepsiCo shares fell around 5% on Thursday amid Walmart indicating that there has been a decrease in shopping demand due to the use of appetite-suppressing medications such as Ozempic and Wegovy. PepsiCo is scheduled to issue its third quarter 2023 financial results on Oct. 10. Don’t forget to check out our premarket coverage here Stocks in the food and beverage industry experienced their most challenging week since May 2022, further extending the declines seen in the preceding w

First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 138 exchange-traded fund(s) (each a "Fund," collectively, the "Funds") advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: December 23, 2022 Record Date: December 27, 2022 Payable Date: December 30, 2022 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount Long-Term Capital Gain Per Share Amount     ACTIVELY MANAGED EXCHANGE-TRADED FUNDS       First Trust Exchange-Traded Fund III   FCAL Nasdaq First Trust California Municipal High Income ETF

First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 129 exchange-traded fund(s) (each a "Fund," collectively, the "Funds") advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date:       September 23, 2022 Record Date:       September 26, 2022 Payable Date:       September 30, 2022 Ticker   Exchange   Fund Name   Frequency     Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS     First Trust Exchange-Traded Fund III FCAL   Nasdaq   First Trust California Municipal High Income ETF   Monthly     $0.1000 FEMB

First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 135 exchange-traded fund(s) (each a "Fund," collectively, the "Funds") advised by FTA. The following dates apply to today's distribution declarations:   Expected Ex-Dividend Date:   June 24, 2022   Record Date:   June 27, 2022   Payable Date:   June 30, 2022 Ticker   Exchange   Fund Name   Frequency   Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund III    FCAL   Nasdaq   First Trust California Municipal High Income ETF   Monthly   $0.0925 FEMB   N