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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. 

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