IVV News and Press, iShares Core S&P 500 From 06/08/24

2024-06-08 05:05:00 ET Summary The ECB and Bank of Canada cut rates this week, with markets seeing the global central bank community's easing cycle now underway. Booming markets have a way of disregarding corrosive fundamental factors. Especially in today's backdrop, there are com...

2024-06-08 03:20:00 ET Summary Many consider the PMI a key economic indicator, but it is not. The PMI, currently below 50, reflects market pessimism. The pessimism appears to be easing, and the next couple of reports could bring us over 50. Many consider the PMI a ke...

2024-06-08 00:01:00 ET Summary Coming into 2024, many income investors expected falling inflation, slowing economic growth and rate cuts that would boost bond returns- a view that spurred record flows into investment-grade bonds. Despite a slow start to the year for bonds, fixed i...

2024-06-07 22:55:00 ET Summary Payroll gains were hotter than expected in May, slamming the door shut on any hopes of a July policy rate cut. The latest jobs report showed that 272,000 non-farm payroll jobs were added last month, significantly beating consensus forecasts of 180,00...

2024-06-07 15:30:41 ET Summary While the labor market has weakened, it appears we have reached full employment versus over employment. The job creation trend has slowed, with job openings outpacing number of unemployed at a three-year low. Despite full employment, wage growth ...

2024-06-07 14:21:40 ET Summary The Fed is likely to signal less than 3 cuts in 2024, possibly no cuts at all, which is a hawkish turn and signals a "higher-until-recession" policy. The Fed is also likely to increase the projected unemployment rate and inflation figures for 2024. ...

2024-06-07 12:51:59 ET More on the markets London to flex AI ties just as Nvidia becomes rare $3T company Nvidia Stock: Don't Burn Your Hands Buying The Peak Microsoft's partnership with OpenAI makes it premier AI platform: Oppenheimer Apple: Does Not Create ...

2024-06-07 11:35:00 ET Summary US May non-farm payrolls came in at 272k versus the 180k consensus. The gains were once again led by the usual suspects of private education & health services, leisure & hospitality, and government. The unemployment rate has gone from 3.4...

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...