IVV News and Press, iShares Core S&P 500 From 06/07/24

2024-06-07 09:50:46 ET Summary Job growth in May surged past expectations, according to the Labor Department's monthly release. Gains were broad-based, with multiple sectors reporting growth exceeding their monthly averages over the last twelve months. The unemployment rate hi...

2024-06-07 09:50:45 ET Citi Research spotlighted on Friday that the investment community was overall net buyers of fund assets for the week that ended on June 5, as exchange traded funds observed a positive week of inflows.... Read the full article on Seeking Alpha For further d...

2024-06-07 09:00:00 ET Summary Luke Lloyd, Wealth Advisor and Investment Strategist at Strategic Wealth Partners, starts by outlining the implications of the federal government adding $1 trillion in new debt every 100 days, plus consumers racking up' Phantom Debt' via 'Buy Now, Pay La...

2024-06-07 09:00:00 ET Summary 40% of the S&P 500's return in the past year was driven by only 5 stocks. 80% of the S&P 500's return was driven by only 65 stocks. This is a moment for Baby Boomers to "take stock" of the S&P 500. I break things down in this article....

2024-06-07 07:50:35 ET Summary The dollar is little changed against the major currencies ahead of the US jobs report. The odds of two Fed cuts this year are now near 90%, double a week ago. US index futures are little changed now and are up 2.0%-2.5% this week. Ove...

2024-06-06 17:43:23 ET More on the markets Actively managed funds struggled in May Large caps/small caps gap has grown since October - UBS Dow, S&P, Nasdaq end mixed in a mostly muted trading day Nasdaq 100 Has Become Entirely Dependent On Nvidia ...

2024-06-06 12:15:00 ET Summary The trade deficit and the more comprehensive current account deficit can’t be 'fixed' with tariffs because they are rooted in our budget deficit. Foreign countries buy our goods because, in a lot of cases, they are the best or the only option ...

2024-06-06 11:53:57 ET Summary Nvidia Corporation stock is responsible for over 40% of the gains in the Nasdaq 100, creating distortions in market indexes and ETFs. The wide gaps in performance between market cap-weighted indexes and equal-weight indexes highlight the influence of...

2024-06-06 07:35:00 ET Summary The dollar is mostly softer today, ahead of tomorrow's employment report. We suspect ECB officials will try to deliver a hawkish cut, by which we mean, framing the move to avoid the market driving down interest rates. The euro is in the upper end...

2024-06-06 06:40:00 ET Summary Average prices charged for goods and services rose worldwide at a slightly increased rate in May, reflecting persistently elevated services price increases combined with accelerating price growth in manufacturing. Worldwide PMI survey data compiled b...