IGM News and Press, iShares Expanded Tech Sector From 04/19/23

2023-04-19 03:00:00 ET Summary The Tech sector is in an unusual place in which price has been overbought for the entirety of the past month while short-term breadth has dropped into oversold territory in the past two sessions. Taking a spread of the two measures, that is nearly a ...

2023-04-18 09:43:00 ET Summary Changes to the Global Industry Classification Standard adjusted the sector weights in the S&P 500. Sector futures provide a way to manage risk related to the 11 GICS sectors and gain exposure to changes impacting differing sectors of the market. ...

2023-04-14 08:00:00 ET Summary Internet companies like Meta and Alphabet are actually considered part of the communication services sector after a GICS reclassification in September 2018. Most communication sector ETFs have actually been outperforming technology ETFs YTD. The ...

2023-04-11 13:06:00 ET Summary What's driving investor interest in tech and can it last? Why the upcoming earnings season could prove pivotal for tech stocks. Why tech's long-term outlook is a positive one, even if the short term isn't. U.S. tech stocks have rallied ...

2023-04-04 05:16:00 ET Summary The way we understand the tech economy is changing dramatically. While we can’t be sure if it is or is not too soon to enter the highest-quality REIT space, we know for sure it is not too late. Near-term challenges create volatility; long-...

2023-04-02 03:43:00 ET Summary Bank shares plunged in the wake of the SVB meltdown, for understandable reasons, while Big Tech was off to the races, for reasons we will explore in further detail below. Stock price valuations are heavily influenced by interest rates, and a reductio...

2023-03-30 00:14:00 ET Summary The technology business cycle could have a slower-than-expected recovery, though we remain constructive over the long term. Certain parts of the IT sector, such as PCs, are showing early signs of bottoming, although the pace of recovery is uncertain,...

2023-03-29 01:49:00 ET Summary The action in the bond market suggests that traders are increasingly betting on a recession and a Federal Reserve easing of rates in the US. When bond yield fell in December 2022, potential home buyers who had been on the fence took the plunge. T...

2023-03-29 01:35:00 ET Summary Investors are asking if the tide is still going out, whether credit seizures in the economy and markets are getting worse, or if the situation is improving. A comparison of the pace of investment grade debt issuance in 2022 and 2023 reveals a flatlin...

2023-03-28 03:28:00 ET Summary 14 constituents in the S&P 500 have been impacted by a GICS Classification change which was originally announced in December 2022. Financials saw the largest change, with 8 of these constituents move from Information Technology into Financials. ...