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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

Global markets experienced significant declines, with U.S. stocks closing lower due to economic concerns and mixed sector performance. Asian markets, particularly Japan, saw sharp drops, while European markets opened in the red. Commodities like gold surged on safe-haven demand.

Portfolio Pulse from Akanksha Bakshi

August 02, 2024 | 11:21 am

On July 31, U.S. stock markets closed higher with significant gains in the S&P 500 and Nasdaq, driven by a rally in chip stocks and the Federal Reserve's decision to keep interest rates unchanged. U.S. pending home sales rose 4.8% in June, and private businesses added 122,000 jobs in July. In Asia, Japan's Nikkei 225 fell sharply due to a hawkish stance from the BOJ, while Australia's S&P/ASX 200 and India's Nifty 50 saw gains. European markets declined, and commodities like gold and crude oil saw price increases. The U.S. dollar strengthened.

Portfolio Pulse from Akanksha Bakshi

August 01, 2024 | 10:52 am

Global markets showed mixed results with U.S. indices closing mixed, Asian markets rising, and European markets opening higher. Crude oil prices advanced by 2.6% due to geopolitical tensions. Key U.S. stocks like Microsoft and Nvidia saw declines due to earnings and growth concerns.

Portfolio Pulse from Akanksha Bakshi

July 31, 2024 | 10:42 am

On Monday, July 29th, U.S. stock markets closed mixed with the S&P 500 slightly higher. The Dallas Fed Manufacturing index declined to -17.5 in July. Tesla's stock rallied after Morgan Stanley added it to its 'top pick' U.S. autos list. Asian markets were mostly down, while European markets were mixed. Crude oil hovered around $75, balancing concerns about Chinese demand and U.S. inventories.

Portfolio Pulse from Akanksha Bakshi

July 30, 2024 | 10:53 am

On July 25th, U.S. stock markets closed mixed with the Dow Jones Industrial Average rising due to strong GDP data, while the S&P 500 and Nasdaq Composite fell. Initial jobless claims dropped, and the economy grew by 2.8% in Q2. Asian and European markets mostly advanced, and commodities showed mixed performance.

Portfolio Pulse from Akanksha Bakshi

July 26, 2024 | 10:27 am

Global markets slumped following a significant decline in the S&P 500 and Nasdaq, driven by disappointing earnings from Alphabet and Tesla. The S&P 500 experienced its largest daily drop since December 2022, and the Nasdaq since October 2022. Commodities like crude oil and gold also saw declines.

Portfolio Pulse from Akanksha Bakshi

July 25, 2024 | 10:41 am

Global markets experienced declines with U.S. stock markets closing in the red. Alphabet (GOOG) and Tesla (TSLA) reported positive Q2 revenues. The U.S. Fifth District’s composite manufacturing index fell, and existing home sales decreased. Crude oil prices hit a six-week low but slightly rebounded. Asian and European markets also saw declines.

Portfolio Pulse from Akanksha Bakshi

July 24, 2024 | 10:46 am

On July 19th, U.S. stock markets closed lower due to a global tech outage caused by a glitch in Crowdstrike’s software, affecting Microsoft’s Windows system. The Dow Jones fell 0.93%, the S&P 500 declined 0.71%, and the Nasdaq Composite dropped 0.81%. Energy shares experienced the largest decline, while healthcare and utilities posted gains. Baker Hughes reported a decrease in active U.S. oil rigs. European markets advanced, and the U.S. dollar retreated while gold held above $2,400.

Portfolio Pulse from Akanksha Bakshi

July 22, 2024 | 10:36 am

U.S. stock markets closed lower on July 18, with major indexes dropping and sectors like healthcare, consumer discretionary, and financials suffering the most. Energy stocks closed higher. Pre-market drops were seen in CrowdStrike and Microsoft due to a global Windows crash. Asian and European markets also declined, and commodities like gold and silver saw significant drops. The U.S. Dollar strengthened amid global market unease.

Portfolio Pulse from Akanksha Bakshi

July 19, 2024 | 11:01 am

Global markets showed mixed results with U.S. stock markets closing mixed, Asia experiencing varied performance, and European markets advancing. The S&P 500 and Nasdaq fell sharply due to potential U.S. trade restrictions on China, while the Dow Jones Industrial Average rose. Commodities saw minor fluctuations, and the U.S. Dollar gained.

Portfolio Pulse from Akanksha Bakshi

July 18, 2024 | 10:36 am

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