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FRI News and Press, First Trust S&P REIT Index Fund From 11/21/23

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Company Name: First Trust S&P REIT Index Fund
Stock Symbol: FRI
Market: NYSE

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FRI - Home Sales Collapse, Prices Drop Further, Supply Jumps. People Are Finally On Buyers' Strike

2023-11-21 21:30:00 ET Summary The national median price of existing homes of all types – single-family houses, condos, and co-ops – whose sales closed in October dropped to $391,800, down by 5.1% from the peak in June 2022. The median price in June 2023, the seasona...

FRI - FICO to Present at Investor Conference on November 28, 2023

FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced Steve Weber, Chief Financial Officer, will present at the Wells Fargo 7 th Annual TMT Summit on Tuesday, November 28 th at 12:45pm PST at the Terranea Resort, 100 Terranea Way, Racho...

FRI - Weekly Market Pulse: Has Inflation Really Peaked?

2023-11-21 00:32:00 ET Summary Inflation will come back and if history is any guide, it will be higher in the next cycle than this one. The short-term trends of the 10-year Treasury note rate and the US dollar have changed to negative. Stocks and REITs have been hampered by ri...

FRI - Will Markets Stay Irrational In 2024?

2023-11-20 21:25:00 ET Summary Over the past year, the S&P 500 has rallied by almost 20 percent despite very troubling underlying economic and political fundamentals. In the year ahead, the key question for investors is whether the markets will choose to continue ignoring thos...

FRI - StepChange Debt Charity Chooses FICO Platform to Help Assess People in Problem Debt

Greater system flexibility and microservices architecture means hyper-personalized recommendations for people in UK needing debt advice Global analytics software leader FICO today announced that StepChange, the UK’s leading debt advice charity, will use FICO® Platform to hel...

FRI - Disinflation Is Back

2023-11-19 09:00:00 ET Summary U.S. equity markets extended their rebound to a third-straight week as benchmark interest rates dipped on economic data and corporate earnings reports showing a more distinct cooldown in economic activity. Gaining for a third-straight week and extend...

FRI - Macro factors, solid Q3 earnings push REITs up

2023-11-18 12:00:00 ET More on REITs: REM: In The Wrong Part Of The Cycle XLRE: Better Positioned Than VNQ For A REIT Recovery (Rating Upgrade) VNQ Vs. FREL: Similar REIT Indexes, Similar Results Homebuilder, real estate, mortgage REIT stocks surge after CPI ...

FRI - No Bad Sentiment In The Northeast

2023-11-18 00:30:00 ET Summary The NAHB's Housing Market Index dropped to 34 in November and is only three points above the low from last December. The month-over-month declines across the report were historically large with the six-point drop in the headline index ranking in the ...

FRI - Why REITs Will Likely Pummel The S&P 500

2023-11-16 08:05:00 ET Summary The S&P 500 has massively outperformed REITs in recent years. But we expect this outperformance to soon reverse. I explain why I expect REITs to easily beat the S&P 500 going forward. Co-produced by David Ksir The S&am...

FRI - Average Canadian FICO Score is 762, Indicating Strong Consumer Credit Health Amidst Economic Uncertainty

FICO® Scores are dynamic as they interpret and summarize evolving consumer behaviour captured in credit bureau files Highlights: 90 per cent of top Canadian lenders and credit unions use FICO® Scores. The average FICO® Score of Canadian borrowers remained steady...

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