IVV News and Press, iShares Core S&P 500 From 07/10/24

2024-07-10 03:15:00 ET Summary Fed Chair Powell’s testimony didn’t give away much and markets continue to price in around a 75% probability for a September cut. French spreads remain elevated, but issuers are returning to EUR primary markets as event risks are abatin...

2024-07-09 21:06:38 ET Summary Economist, Hyman Minsky, theorized financial bubbles are caused by new technology, easy credit, amnesia about past bubbles, and abandonment of traditional stock valuation methods. Federal Reserve's aggressive monetary policies since 2008 have inflate...

2024-07-09 17:43:26 ET More on the markets and the economy S&P, Nasdaq end at record highs as Powell signals rate cuts ahead with inflation progress Jeff Bezos sells another $863.5M worth of Amazon shares Citi Research’s AI hedge stocks - Part II ...

2024-07-09 14:20:00 ET Summary With a move up to 91.5 in June, the Small Business Optimism Index has now risen in each of the past three months and is at the highest level of 2024. Even with recent improvements, the headline number still sits in the bottom 13% of its historical ra...

2024-07-09 13:36:57 ET Summary June inflation is expected to see a modest uptick from May, with headline CPI increasing by 0.1% m/m and core CPI by 0.2% m/m. Expectations for CPI swaps pricing in a 0.0% m/m change in headline CPI for June and a 3.1% y/y increase. Auto insuranc...

2024-07-09 13:21:11 ET Summary The rise in Nvidia Corporation shares, mega cap stocks, and capitalization weighted indices are reminiscent of past generational stock market peaks. Market psychology of fear and greed driving current exuberance based on AI growth expectations, leadi...

2024-07-09 12:44:53 ET Traders and investors are becoming increasingly anxious as the stock market continues to climb in 2024 as the S&P 500 ( SP500 ) has set a new all-time high on over 30 occasions this year alone, but Michael Arone, Chief Investment Strategist at State Street Glo...

2024-07-09 12:30:03 ET More on the markets and the economy Fed needs more good inflation data to cut rates: Jerome Powell's testimony to Congress Nasdaq, S&P reach for fresh records as Powell sees inflation moving toward target Stocks with high AI exposure an...

2024-07-09 11:00:00 ET Summary Recession risk has risen, but it’s still premature to confidently declare that a downturn has started. Conditions could deteriorate in the weeks ahead, but for the moment, slow/sluggish growth appears to be the odds-on favorite for the near-te...

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...