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Commentary

These U.S. Sectors Are More Global Than You Think

Which areas of the market may be more vulnerable to ongoing trade tensions?

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As companies begin issuing third-quarter earnings this week, investors will be watching to see what impact ongoing trade tensions will have on results and guidance.

A business may be domiciled in the United States, but that gives little insight into where its revenue is being generated. Take Amazon.com (AMZN), for instance: 28% of its second-quarter 2019 sales were generated by its international division. 

Jess Liu does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.