DIA News and Press, SPDR Dow Jones Industrial Average From 06/28/24

2024-06-28 16:00:01 ET Summary Stocks had solid gains in the first half of the year, with the S&P 500 rising 4% and the Nasdaq 100 ETF up 7%. Tech sectors outperformed in June, with XLK leading the way, while utilities, materials, and energy were notably weak. Earnings out...

2024-06-28 13:12:38 ET Summary The Nasdaq and S&P 500 have performed exceedingly well since the last market bottom in late October of last year, hitting one all-time high after another. However, the advance has been exceedingly top-heavy and key metrics are pointing to a signi...

2024-06-28 11:00:02 ET Summary Personal spending data was soft. PCE inflation data was soft. The data confirm the US economy is slowing and inflation is decelerating. The Bureau of Economic Analysis ((BEA)) has just released its estimate for May 2024 US Personal Co...

2024-06-28 10:30:00 ET Summary U.S. stocks held onto gains in the second quarter, even as concerns over stubborn inflation, strong economic data and reduced expectations for Fed rate cuts sprinkled cold water on the Q1 hot streak. Macro factors still hold sway over daily moves at ...

2024-06-28 10:14:34 ET As the first half of 2024 wraps up, the financial community now shifts its attention towards Q3 and where markets are potentially headed. Russell Investments argued that there is still no clear answer to this year's question of 'is the economy headed towards a no, sof...

2024-06-28 09:21:36 ET Summary The S&P 500 index continues to reach all-time highs despite skepticism, driven by optimism surrounding AI and subsequent improvements in margins and earnings. Despite its exceptional strength of late, I think the S&P 500 index is likely to fe...

2024-06-28 09:15:00 ET Summary Longer-term government bonds, corporate bonds, and stocks have historically returned more than cash. One of the risks of short-term investing is not being able to reinvest the money at the same rate. Reinvestment risk is among the biggest challen...

2024-06-27 13:49:58 ET Summary Implied volatility levels for top S&P 500 components are rising as the 1-month implied correlation index hits an all-time low. Volatility dispersion trade involves selling S&P 500 call options, buying underlying call options, and delta hedgin...

2024-06-27 12:44:05 ET More on SPDR Gold Trust ETF, U.S. Global GO GOLD and Precious Metal Miners ETF, etc. Read the full article on Seeking Alpha For further details see: Physical assets rank higher among investor preferences, women, millennials - CyberMetals

2024-06-27 09:21:52 ET Summary The Fed implemented QE in response to the 2008 GFC, intended to be temporary. Policy Normalization Plan included raising interest rates, reducing balance sheet, and transforming asset holdings. The Fed is facing challenges in returning to pre-GFC...