IVV News and Press, iShares Core S&P 500 From 07/09/24

2024-07-09 10:30:00 ET Summary Total construction spending rises to a new record with Residential, Public and Manufacturing posting higher levels while Power was lower. Spending on Manufacturing facilities has risen to 185% of August 2021, the sharpest rise in this series. The...

2024-07-09 09:38:45 ET The Warren Buffett indicator also known as the market cap to GDP ratio has popped up to its highest level in history, jumping above levels observed from the dot com bubble, the global financial crisis, and the recent 2022 bear market.... Read the full article on...

2024-07-09 09:34:23 ET Piper Sandler noted while the S&P 500 continues to trade near all-time highs, the investment institution believes a downsize corrective move is on the horizon as it sticks with its year-end target of 5,050 for the benchmark index.... Read the full article on...

2024-07-09 09:30:00 ET Summary It has been surprising to look back since the start of 2024. Most Wall Street pros were conservative and projected we might see a 10-15% total return for all of 2024. Retail investors have been putting their investable assets into the market, with re...

2024-07-09 09:24:48 ET Summary The CPI inflation is likely to be rising this summer, but that's a lagging indicator. The Fed is unlikely to cut in September, due to rising inflation this summer, which increases the chances of a deep recession by the end of the year. The S&...

2024-07-09 07:55:00 ET Summary Developed market central banks are starting to cut policy rates. U.S. stocks hit a fresh record high and 10-year U.S. Treasury yields slid last week after U.S. jobs data showed moderating wage growth. We watch the U.S. CPI data for June this week...

2024-07-09 07:05:00 ET Summary The dollar is consolidating in narrow ranges today against the G10 currencies and enjoys as slight upward bias against most emerging market currencies but for a few currencies from the Asia Pacific region. Asia Pacific equities rallied but for Hong K...

2024-07-09 03:04:00 ET Summary A more dovish Powell would help firm up the September cut expectations ahead of the CPI release due Thursday. Whereas in the US, we see the rate-cutting narrative picking up momentum; in the Eurozone, the direction is less evident. The 10Y B...

2024-07-09 02:05:00 ET Summary Last Wednesday, ADP announced that 150,000 new private payroll jobs were created in June, but those jobs were not very broad-based. ADP’s balanced jobs report, as usual, is probably closer to the truth than the more widely heralded Friday jobs...

2024-07-08 22:32:12 ET Summary Sentiment indicators strongly support our January forecast of an August top in the market. Investor sentiment drives stock prices more than economic data. The Master Sentiment Indicator, and four other sentiment indicators, all show extreme level...