IVV News and Press, iShares Core S&P 500 From 06/18/24

2024-06-18 08:45:00 ET Summary The Fed did not lower its inflation forecast based on the Personal Consumption Expenditure (PCE) index, and it raised its unemployment forecast to 4.1%. The Fed cannot fight market rates, so if Treasury yields go lower, the Fed may be forced to cut r...

2024-06-18 08:40:00 ET Summary After dipping in April, teen jobs rose in May 2024 to their highest level since September 2007. Since January 2024, there has been a shift away from younger teens (age 16-17) in favor of older teens (age 18-19) in the job figures. As of May 2024,...

2024-06-18 08:10:00 ET Summary Unsurprisingly, investors have become increasingly exuberant about stock prices in conjunction with the market rally that began in 2022. When looking at the consumer survey data by income bracket, we see that the lowest and middle-income brackets hav...

2024-06-18 07:29:07 ET The S&P 500 ( SP500 ) has notched its 30th record close of 2024, closing out the session on Monday at 5,473. In fact, the index is now up a whopping 15% only six months into the year, resulting in an additional $5.5T in market capitalization. There's a...

2024-06-18 07:10:00 ET Summary The dollar has caught a bid ahead of the US retail sales and industrial production figures. A hawkish hold by the Reserve Bank of Australia has not done much for the Australian dollar, which is little changed on the day. Benchmark 10-year yields ...

2024-06-17 22:10:00 ET Summary Elections for the EU parliament are sending shock waves throughout financial markets in Europe. This expectation of a French veto of Monsieur Macron’s party is causing investors to buy German bunds and sell French government bonds, causing an ...

2024-06-17 18:16:50 ET More on the markets A Substantial Correction In Stock Prices Is Likely Coming Soon How Has Expected Q2 '24 Earnings And Revenue Growth Changed In The Last 8 Weeks? There Is A Divergence In The Market S&P closes with new record high;...

2024-06-17 15:25:00 ET Summary The technology sector, as of this week, is now 33.6% of the S&P 500 index. The top 3 companies in the index account for 21% of the index, also a record. The index has 500 stocks, but if you own it, nearly half your money is invested in just 1...

2024-06-17 13:40:00 ET Summary During LSEG Lipper’s fund-flows week that ended June 12, 2024, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the seventh week in eight, adding a net $6.3 billion. Equity funds (-$19.8 bil...

2024-06-17 13:25:43 ET More on the markets There Is A Divergence In The Market Junta Of Mega-Cap Stocks Rules All-Stars Driving Index And Portfolio Performance History shows the S&P 500 sees a sizable drawdown as Fed starts rate cuts, WFII says S&...