IVV News and Press, iShares Core S&P 500 From 06/02/24

2024-06-02 16:00:00 ET Summary The S&P 500 was 30 minutes away from forming bearish patterns on the weekly and daily charts. Friday's rally into the close saved the charts and squeezed the bears. The May close of 5277 gives the first part of June a bullish bias, with new a...

2024-06-02 13:47:53 ET More on Nvidia and the markets Going Into June, SPY Or VXF, Which Is The Better Buy? (Technical Analysis) Nvidia's Valuation Ignores Growing Competitive Threats SPY: 2 Options To Balance Out A Highly Concentrated Index Nvidia says next-...

2024-06-02 09:00:00 ET More on real estate and the markets Wedbush cautious on home builders with fast rise in new home inventories ITB: This US Construction ETF Is Poised To Generate Substantial Returns S&P 500 marks weekly loss but finishes May with a win ...

2024-06-02 06:15:00 ET Summary Data this week will likely show a healthy job market and persistent inflationary pressures, reducing the odds of rate cuts in 2024. The ISM manufacturing index is expected to rise, while JOLTS data may show a slight drop in open jobs. ADP data an...

2024-06-01 10:40:00 ET Summary The investment climate is influenced by politics and economics, with upcoming events such as central bank meetings and elections shaping market expectations. The European Central Bank is expected to begin its easing cycle, while the Bank of Canada ma...

2024-06-01 09:00:00 ET More on the markets and the economy Fed may not cut rates in 2024 with inflation's slow downward pace - strategist Investors punished Salesforce after earnings. See other worst post-report reactions PCE April 2024: Personal Spending Data Confir...

2024-06-01 08:00:00 ET Summary Long leading indicators show improvement, with interest rates and credit spreads remaining neutral. Housing indicators show mixed results, with mortgage rates and applications remaining in a relatively tight range. Short leading indicators and co...

2024-06-01 05:55:46 ET Summary Markets for the most part corroborated the "higher for longer" and rising global yields thesis. The Nasdaq 100 declined 0.7% Wednesday in bearish trading action, as the Semiconductors slumped 1.9%. The yen has ominously little to show for the mon...

2024-06-01 03:00:00 ET Summary The Fed’s balance sheet shrunk by $118B in May - the largest amount since September of last year. When the Fed makes money, it sends it back to the Treasury. This has netted the Treasury close to $100B a year. International holdings have i...

2024-06-01 01:45:00 ET Summary The Treasury yield curve has been inverted between the 10-year and 2-year maturities for 500 days. Prior to the current inversion, which started in 2022, the 10-2 curve has inverted on four occasions since 1987. It still may be too early to concl...