Stronger than ever
The Nasdaq 100 Index, which tracks the performance of the 100 largest non-financial stocks, has performed extremely well over the past 3 months, outperforming the S&P 500 and Russell 2000
- The IT sector in particular had the highest number of companies issuing positive EPS guidance of all sectors in the second quarter

German Exports Fall
German exports declined 1.4% from the previous month, with the value of shipments to the US plunging to their lowest level in more than three years
- That’s worse than the -0.5% median estimate in a Bloomberg survey, and followed a revised 1.6% decline in April

Disclaimer
The information, products, data, services and instruments contained or described in this publication are for information purposes only and constitute neither an advertisement or recommendation nor an offer or solicitation to buy or sell any product.
The financial products described in this publication are not suitable for all investors. The information contained in this publication does not represent any financial, legal, tax and/or other recommendations. Any investment or other decision should not be made solely on the basis of this document. Before making any investment decision, it is recommended that you seek a thorough examination of your situation and the advice of a qualified specialist.
Although the information contained in this document has been compiled by PKB on the basis of or with reference to sources, materials and systems believed to be reliable and accurate, PKB does not guarantee its currency, accuracy or completeness.
PKB accepts no liability, to the fullest extent permitted by applicable laws and/or regulations, for loss or damage of any kind arising directly or indirectly from the content, accuracy, completeness or otherwise of the content or any third party content referred to in this publication.
The analyses and forecasts contained in this publication are based on assumptions, estimates and hypothetical models which may prove to be incorrect and therefore lead to substantially different results.