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FRI News and Press, First Trust S&P REIT Index Fund From 01/06/24

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

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FRI - REITs make disappointing start to 2024 as markets remain apprehensive about rate cuts

2024-01-06 12:00:59 ET More on REITs: Real Estate: Our Top Sector Pick For 2024 XLRE: Better Positioned Than VNQ For A REIT Recovery (Rating Upgrade) Jobs Market Cools In October, Rate Cuts On The Horizon, XLRE A Buy REITs said to have ended December 2023 on ...

FRI - REITs said to have ended December 2023 on better note than November

2024-01-04 14:32:13 ET More related to REITs: Real Estate: Our Top Sector Pick For 2024 XLRE: Better Positioned Than VNQ For A REIT Recovery (Rating Upgrade) Jobs Market Cools In October, Rate Cuts On The Horizon, XLRE A Buy BlackRock: Full impact of higher m...

FRI - If The Fed Is Done Raising Rates, When Will Mortgage Rates Go Down?

2024-01-04 00:55:00 ET Summary U.S. home prices hit record highs in 2023, as a lack of supply outstripped any dent to demand that higher mortgage prices might have caused. The Fed may be done hiking rates, but is unlikely to aggressively cut rates in 2024, in part because of shelt...

FRI - Real estate stocks gain but underperform S&P 500, expected rate cuts to help in 2024

2024-01-01 13:32:00 ET More on Real Estate Select Sector SPDR ETF XLRE: Better Positioned Than VNQ For A REIT Recovery (Rating Upgrade) Jobs Market Cools In October, Rate Cuts On The Horizon, XLRE A Buy Pending home sales in December post smallest drop since March 20...

FRI - Turbulent Year Ends With Records

2023-12-31 09:00:00 ET Summary U.S. equity markets extended a spirited year-end rally with a ninth-straight week of gains - concluding a once-gloomy year with record-highs across the major benchmarks. The dramatic shift in fortunes beginning in late October coincided with a slate ...

FRI - Mortgage Rates Dropped A Lot But Clearly Not To The Magic Level; Buyers' Strike Continues

2023-12-31 08:10:00 ET Summary Mortgage rates have dropped, but not enough to stimulate a surge in home buying. Pending home sales remain at historic lows, indicating a frozen market. Purchase mortgage applications are significantly down compared to previous years, suggesting ...

FRI - Real Assets: Poised To Excel In 2024

2023-12-28 06:30:00 ET Summary The markets have been so fixated on forecasting a recession and ensuing rate cuts that they have ignored an abundance of data pointing to the early stages of a manufacturing-led expansion. It appears the market may have been mispriced amid the Federa...

FRI - Awaiting The Santa Claus Rally

2023-12-27 06:20:00 ET Summary S&P 500 Equal Weight Index has reached new 52-week highs. Based on the market action, seeing small caps and financial stocks rally dramatically says the market does not anticipate a recession in 2024. The shortage of houses causes housing pri...

FRI - FICO Granted 10 New Patents to Improve Decision-Making for Enterprises

FICO patents demonstrate innovation in decisioning, responsible AI and the operationalization of analytics to enable better customer experiences FICO (NYSE: FICO): Highlights: FICO remains at the forefront of industry-innovation in decision-making, machine learning, and AI-rel...

FRI - Residential Construction Gains Steam, Single-Family Starts Jump, Multi-Family Rises From Ashes

2023-12-20 07:04:00 ET Summary Construction starts of single-family houses in November rose by 6.6% from the prior month, to 86,100 starts not seasonally adjusted, when normally in November, construction starts drop. Construction starts of multifamily housing units in buildings wi...

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