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DBC

Invesco DB Commodity Index Tracking Fund

http://dbcfund.db.com

Industry

Asset Management

The fund pursues its investment objective by investing in a portfolio of exchange-traded futures on Light Sweet Crude Oil (WTI), Heating Oil, RBOB Gasoline, Natural Gas, Brent Crude, Gold, Silver, Aluminum, Zinc, Copper Grade A, Corn, Wheat, Soybeans, and Sugar. The index is composed of notional amounts of each of these commodities.

Open

21.98

Mkt cap

2.4B

Volume

458K

High

22.07

P/E Ratio

5.28

52-wk high

24.52

Low

21.80

Div yield

0.05

52-wk low

20.90

U.S. markets closed lower with major indexes down over 1%, impacted by declines in tech and chip sectors. Economic data showed a drop in U.S. factory orders and ISM services PMI. Apple shares fell due to decreased iPhone sales in China. Asian and European markets were mixed, with commodities like gold trading near lifetime highs amid U.S. rate cut expectations.

Portfolio Pulse from Akanksha Bakshi

March 06, 2024 | 12:08 pm

U.S. markets closed higher on Friday, led by Nvidia and a tech rally, despite a drop in ISM manufacturing PMI and consumer sentiment. Asian markets were mixed, with Japan's Nikkei reaching a record high. European markets and U.S. futures saw declines. Commodities showed mixed performance with crude oil slightly down and natural gas up. Nvidia's performance stands out due to the growing demand for artificial intelligence.

Portfolio Pulse from Akanksha Bakshi

March 04, 2024 | 12:29 pm

On February 28th, U.S. stock markets closed lower, with the Dow Jones, S&P 500, and Nasdaq experiencing declines amid anticipation of an inflation update influencing Federal Reserve rate cut predictions. Economic data revealed a slowdown in U.S. annual growth rate and a drop in wholesale inventories. Market expectations for the Fed's rate cut shifted from March to June due to persistent inflation and a strong economy. Asian and European markets mostly saw gains, while commodities like crude oil, gold, and natural gas showed mixed performance. U.S. futures and the forex market also indicated varied movements.

Portfolio Pulse from Akanksha Bakshi

February 29, 2024 | 12:18 pm

U.S. stock markets closed lower on Monday, with the S&P 500, Dow Jones, and Nasdaq all experiencing declines amid a focus on upcoming economic indicators. Asian and European markets, however, saw gains in various sectors. Crude oil prices slightly decreased, while gold and other commodities rose. U.S. futures indicated a positive opening for the next trading day. Economic data showed a drop in U.S. building permits but an increase in new single-family home sales.

Portfolio Pulse from Akanksha Bakshi

February 27, 2024 | 1:13 pm

On February 15th, U.S. stock markets closed higher, influenced by a larger-than-expected decline in retail sales, fueling hopes for a Federal Reserve rate cut. U.S. jobless claims fell to 212,000, and retail sales dropped by 0.8%. The S&P 500, Dow Jones, and Nasdaq all saw gains, with energy, real estate, and materials sectors leading. Asian and European markets also advanced, with notable increases in Japan's Nikkei 225, Australia's S&P/ASX 200, India's Nifty 50, and the European STOXX 600. Commodities saw mixed movements, with gold rising to $2,018.75 and crude oil declining to $77.34/bbl.

Portfolio Pulse from Akanksha Bakshi

February 16, 2024 | 12:39 pm

On February 14th, U.S. stock markets closed higher, with significant gains in Lyft and Uber after Lyft beat profit estimates and Uber announced a $7 billion share buyback plan. U.S. inflation decreased to 3.1% in January. Asian and European markets also saw gains, while commodities like crude oil and gold experienced mixed movements. The Dow Jones, S&P 500, and Nasdaq all closed higher.

Portfolio Pulse from Akanksha Bakshi

February 15, 2024 | 11:44 am

U.S. stock markets closed lower on February 13th due to an unexpected surge in consumer inflation, leading to a decline in the Dow Jones, S&P 500, and Nasdaq. Asian markets were mixed, with Japan and Australia seeing losses, while India and Hong Kong gained. European markets and U.S. futures were up in early trading. Crude oil prices increased, while natural gas and precious metals saw mixed movements.

Portfolio Pulse from Akanksha Bakshi

February 14, 2024 | 12:56 pm

On February 12th, U.S. stock markets ended mixed with the Nasdaq down, the Dow up, and the S&P 500 slightly down. Japan's Nikkei 225 surged, led by gains in several sectors, while European markets and Australia's S&P/ASX 200 saw declines. Crude oil prices increased, and the U.S. dollar index slightly fell.

Portfolio Pulse from Akanksha Bakshi

February 13, 2024 | 12:56 pm

U.S. stock markets closed higher on Thursday, with the S&P 500 nearing the 5,000-point mark, driven by positive earnings reports and U.S. employment data. Asian markets also saw gains, while European markets were mixed. Crude oil prices were slightly up, following a 3% jump due to geopolitical tensions. U.S. futures indicated a mixed opening for the next session.

Portfolio Pulse from Akanksha Bakshi

February 09, 2024 | 12:00 pm

U.S. stock markets ended higher on February 6th, influenced by mixed earnings and Federal Reserve officials' comments suggesting a potential interest rate cut. Treasury Secretary Janet Yellen expressed concerns about the commercial real estate sector and the volatility of digital assets. The S&P 500 saw gains in most sectors, with the Dow Jones and Nasdaq also closing higher. Asian markets had mixed results, with gains in Australia and China but losses in Japan and Hong Kong. European markets and commodities saw varied performance, with crude oil trading above $73.

Portfolio Pulse from Akanksha Bakshi

February 07, 2024 | 1:07 pm

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