FRI News and Press, First Trust S&P REIT Index Fund From 08/12/23

2023-08-12 12:00:00 ET REITs increased this week given the solid quarterly results, even though major indices declined on the back of higher inflation and jobless claims data. The Consumer Price Index rose 0.2% in July, with inflation from shelter accounting for over 90% of the infl...

2023-08-11 13:26:00 ET Summary Recent economic data is a little bit of a mixed bag, with some cracks showing in the foundation for the economy, but still an economy that’s resilient. For those that think that the recent market price action is a reason that the economy won&#...

2023-08-09 21:30:00 ET Summary Mortgage applications to purchase a home: -40% from 2022 and 2019, 3rd worst week since 1995, behind only two weeks in February. The 7%+ mortgages are doing their magic on the housing market as they keep buyers out of the market, and home sales sagge...

2023-08-08 06:44:00 ET Summary It looks like the overly anticipated intermediate-term stock market correction may have started right on schedule in the seasonally questionable August time period, when trading tends to be thin, and the market is easier to move one way or the other. ...

2023-08-06 05:47:00 ET Summary Now that individual investors can access direct real estate investments, what should they keep in mind regarding the main US commercial real estate sectors and their respective outlooks? Real wages have increased across the wealth spectrum, but suita...

2023-08-06 03:41:00 ET Summary The US economy continued to move forward in July, although some portions, especially manufacturing, are stumbling. While job growth remained solid in June, nonfarm payrolls rose by 209,000 for June, the smallest increase since the end of the Covid re...

2023-08-05 12:00:00 ET REITs fell this week as major indices suffered the impact of negative reactions from the market, arising from the recent downgrade by Fitch Ratings, jobs data and other macro factors. FTSE Nareit All Equity REITs declined 2.19% from last week, compared to the S&am...

2023-08-04 02:00:00 ET Summary If the typical American household was out looking for an affordable new home to buy in June 2023, they almost certainly didn't find it. ATTOM's report on overall home affordability in the U.S. for the second quarter of 2023 confirms the country ...

The winning algorithm has been implemented in FICO ® Xpress Optimization Analytics software leader FICO has awarded a prize to a research team for exceptional research in mathematical optimization and operations research. The FICO ® Xpress Best Paper Award went to Alex...

Revenue of $399 million vs. $349 million in prior year FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced results for its third fiscal quarter ended June 30, 2023. Third Quarter Fiscal 2023 GAAP Results Net income for the...