FIDU News and Press, Fidelity MSCI Industrials Index From 04/01/24

2024-04-01 13:50:00 ET Summary The ISM manufacturing index surprised everyone by moving into growth territory for the first time since late 2022 with production jumping, new orders rising and inflation pressures increasing. Markets interpreted that as reducing the chances of meani...

2024-03-29 04:58:00 ET Summary Corporate pre-tax profits in all non-financial domestic industries combined jumped by 5.6% in Q4 from Q3. The BEA’s measure of corporate profits tracks profits from current production by all businesses that have to file corporate tax returns, ...

2024-03-27 13:20:00 ET Summary With markets at record highs, who are the stocks leading the gains? It's not tech. Why industrials are outperforming. Why tech isn't really the big market driver it once was. As markets hover near record highs, much of the focus...

2024-03-27 06:45:00 ET Summary The major stock market indices in the S&P 500 and Nasdaq are pricing in a significant rebound in growth throughout 2024. However, the areas of the market which are most forward-looking (think tech, Mag 7, etc.) are looking increasingly priced to ...

2024-03-26 06:40:00 ET Summary Inflation, interest rates, and the markets. What corporate earnings tell us about the US economy. Investment opportunities beyond the tech space. ... Read the full article on Seeking Alpha For further details see: Wh...

2024-03-22 11:58:51 ET More on Fidelity Covington Trust - Fidelity MSCI Industrials Index ETF FIDU: Industrials Dashboard For January Seeking Alpha’s Quant Rating on Fidelity Covington Trust - Fidelity MSCI Industrials Index ETF Dividend scorecard for Fidelity...

2024-03-17 11:02:43 ET Summary Vanguard Industrials ETF (VIS) is a low-cost ETF that offers a highly diversified mix of holdings within the industrials sector. The industrial sector is expected to experience growth due to robust new construction, record high defense spending, and ...

2024-03-16 06:40:00 ET Summary S&P Global's PMI surveys indicated that the global economy gained further growth momentum in February. Business activity in the developed world rose at the fastest rate for eight months, increasing for a second month after five months of decline....

2024-03-13 10:50:00 ET Summary The combination of the ISM Manufacturing New Orders Index and the yield curve has been warning of imminent recession since September 2023. The March 2024 new high for the SPX suggests that a recession will not start any sooner than May 2024. By o...

2024-03-12 06:35:00 ET Summary The US economy as a whole has been consistently surprising to the upside, but the manufacturing sector has been languishing. Even so, a growing belief in a soft landing and the potential for significant interest rate cuts could bring renewed vibrancy...