IDU News and Press, iShares U.S. Utilities From 05/31/24

2024-05-31 11:50:00 ET Summary Michael Lee, financial services industry veteran and founder of Michael Lee Strategy, discusses the outlook for stocks, gold, and cryptocurrencies. Michael thinks the economy will avoid recession, even as inflation remains sticky, and that this shoul...

2024-05-30 18:39:56 ET SocGen says buy mining, greenflation stocks as the next commodities trade lies in equities Not Impressed By Either Of The Stories That Have Been Powering XLU Apple reportedly plans major AI update for Siri Biden administration throws suppor...

2024-05-30 10:09:28 ET Goldman Sachs remains bullish on the S&P 500 Utilities sector, indicating that it offers exposure to artificial intelligence and defensiveness. ... Read the full article on Seeking Alpha For further details see: Goldman Sachs likes Utilities a...

2024-05-29 15:30:00 ET Summary Are tech stocks back for the long term? Outlook for the tech sector. Global stock trends. ... Read the full article on Seeking Alpha For further details see: Tech Sector Momentum Returns, But Is It Back For The Long ...

2024-05-27 14:30:00 ET Summary Rapid advancement and adoption of the technology is poised to drive a significant increase in power, demand, and this demand could redefine energy consumption as we know it. A text-based query takes about the same amount of power as an internet searc...

2024-05-27 07:00:00 ET Summary Pete Najarian, co-founder of Market Rebellion, discusses the current state of the economy, Fed policy, and the impact on the markets. Pete never bought into the "5, 6, 7 Fed cut" talk in early 2024 - but thinks the market largely has the Fed right no...

2024-05-23 12:35:03 ET Summary DNP Select Income Fund is a closed-end fund focused on utilities. The fund is composed mostly of utility equities, with a smaller allocation to MLPs, bonds, and cash. DNP's premium to NAV (Net Asset Value) is currently low compared to its histori...

2024-05-17 10:40:22 ET The Utilities sector of the S&P 500 has been red-hot over the past three trading months, as the segment has doubled the returns of any other sector of the S&P 500 over the same period.... Read the full article on Seeking Alpha For further details s...

2024-05-16 03:10:00 ET Summary The Fed continues to hold interest rates steady as it focuses on the totality of economic data before it begins to cut rates. Meanwhile, the markets now expect the Fed to cut rates only once toward the latter part of this year. Corporate bond spreads...

2024-05-14 11:12:50 ET Summary Franklin Universal Trust offers income-focused investors the opportunity to receive high income without sacrificing potential capital gains. The FT closed-end fund's current yield of 7.49% beats the S&P 500 Index and Dow Jones Industrial Average....