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FIDU News and Press, Fidelity MSCI Industrials Index From 07/06/24

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Company Name: Fidelity MSCI Industrials Index
Stock Symbol: FIDU
Market: NYSE

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FIDU - Global PMI Signals Cooler Services Inflation In June, But Goods Prices Show Further Rise

2024-07-06 05:30:00 ET Summary Price pressures remained elevated globally, according to PMI survey data, as further signs of cooling in the service sectors of most major economies were in part countered by reviving cost pressures in the manufacturing sector. Worldwide PMI survey d...

FIDU - Global PMI Upturn Cools From One Year High As Outlook Darkens

2024-07-06 01:50:00 ET Summary Global economic growth slowed in June but remained the second-strongest seen for just over a year, according to PMI data, pointing to a further robust expansion in the second quarter of 2024 after the slowdown seen in late 2023. The US bucked a broad...

FIDU - Top 5 Takeaways From June's Global Survey Data As Manufacturing Price Inflation Accelerates

2024-07-03 00:25:00 ET Summary At 50.9 in June, the Global Manufacturing PMI, sponsored by J.P. Morgan and compiled by S&P Global Market Intelligence, recorded above the 50.0 neutral mark for a fifth successive month. Down from 51.0 in May, the latest data signalled a marginal...

FIDU - Soft U.S. Manufacturing And Construction Numbers Emphasise The Dependency On Services

2024-07-01 13:45:00 ET Summary Monday’s data highlights how dependent the US economy is on the ongoing strength in consumer demand for services. Today's US data has come in on the softer side of expectations with the June ISM manufacturing index dipping to 48.5 from 48.7. ...

FIDU - When the Price of (FIDU) Talks, People Listen

2024-07-01 13:06:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

FIDU - Wells Fargo's Scott Wren is bullish on Industrials and Materials thanks to AI

2024-06-26 13:21:05 ET Wells Fargo Investment Institute (WFII) expects companies in the Industrials and Materials sectors to contribute to artificial intelligence (AI) related infrastructure build out, adding that the generative AI push will positively support these sectors even in a slower...

FIDU - Q3 2024 Cyclical Outlook

2024-06-26 02:20:00 ET Summary Growth peaked on a quarter over quarter seasonally adjusted annual rate in Q3 last year at 4.9%. One area of uncertainty is the spend rate for the IRA and CHIPs Act. While we believe the current administration will keep spending high through the elec...

FIDU - Fidelity MSCI® Industrials Index ETF declares quarterly distribution of $0.2090

2024-06-24 14:12:26 ET Fidelity MSCI® Industrials Index ETF ( NYSEARCA: FIDU ) - $0.2090. Payable Jun 25; for shareholders of record Jun 21; ex-div Jun 21. Read the full article on Seeking Alpha For further details see: Fidelity MSCI® Industrials In...

FIDU - Weekly Market Pulse: The Sober Spending Of Drunken Sailors

2024-06-24 10:16:00 ET Summary The economic environment was unchanged last week, as the 10-year rate and the dollar both rose slightly. Large cap growth stocks and commodities continue to lead on the YTD basis with intermediate-term Treasuries flat, while small-cap stocks and REIT...

FIDU - Cooling U.S. Consumer Spending Points To Weakening Inflation Threat

2024-06-18 13:25:00 ET Summary US retail sales were softer than hoped in May and with April revised to show a contraction, we are seeing more evidence of a cooling consumer spending story. With inflation pressures seemingly moderating and unemployment ticking higher, a September F...

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