EFIV News and Press, SPDR S&P 500 ESG From 06/26/23

2023-06-26 12:25:00 ET Summary The market took a well-deserved rest last week after hitting a 2023 high on June 15th. The S&P 500 finished Thursday, June 15 at its highest level in 14 months. The index is up 13.3% year to date and is 9.3% below its record-high close on January...

2023-06-22 02:27:00 ET Summary The exit from a decade of very low interest rates, via the most aggressive hiking cycle since 1980 has laid bare the distorted financing incentives that became entrenched in the years between the Global Financial Crisis in 2008 and the end of pandemic-er...

2023-06-20 11:03:00 ET Summary The trading week ending on Friday, June 16, 2023, saw the S&P 500 surge to 4409.59, up 2.6% from the previous week's close. The developing expectation is that the Fed will hold rates steady for several months after its next rate hikes, after whic...

2023-06-19 06:05:00 ET Summary The S&P 500 earnings yield has fallen to 5.1% and hasn’t been this low in 15 months. The good news is that the S&P 500 rose 2.5% last week. The Bloomberg corporate high-yield index shows that that asset class was up 5.31% as of Fri...

2023-06-19 03:40:00 ET Summary On March 31st, 2023, the S&P 500 was priced to return 2.41%/year over the next ten years. I don’t think AI will permanently increase productivity. The system should adjust and things should remain mostly the same. The estimated rate of...

2023-06-18 13:46:45 ET SPDR S&P 500 ESG ETF ( NYSEARCA: EFIV ) - $0.1589 . 30-Day SEC Yield of 1.39% as of Jun. 15. Payable Jun 22; for shareholders of record Jun 20; ex-div Jun 16. For further details see: SPDR S&P 500 ESG ETF declares quarterly dist...

2023-06-15 00:30:00 ET Summary More companies are discovering that policies promoting diversity, equity, and inclusion are good for business. HR departments often get stuck in familiar hiring patterns. Biases are perhaps one of the biggest obstacles to building a diverse workf...

2023-06-14 21:30:00 ET Summary This year is showing there is a wide dispersion of returns across the standard index providers’ definitions of growth and value. Microsoft was the second-largest holding in the S&P 500 Growth Index and the top holding in the S&P 500 Va...

2023-06-14 15:00:00 ET Summary Heading into the month of June, stock market performance this year was a clear case of the haves and the have-nots. As of 5/31, just three sectors - Technology, Communications Services, and Consumer Discretionary - were outperforming the S&P 500 ...

2023-06-13 10:55:00 ET Summary There will be times when both gold and the SPX are rising in US$ terms, but it should be possible to tell the one that is in a genuine bull market because it will be the one that is relatively strong. For at least a decade, we have been monitoring th...