IVV News and Press, iShares Core S&P 500 From 07/15/24

2024-07-15 19:11:48 ET More on the markets Fed Needs To Cut Rates Immediately Is The Fed Going To Cut Rates Soon? Guess Who Thinks So The 1-Minute Market Report July 12, 2024 Nasdaq, S&P, Dow end higher on first trading day since assassination attempt on ...

2024-07-15 14:00:29 ET Summary S&P 500 hits new all-time highs in 2024, driven by AI tech companies like Meta and Nvidia. But this is not sustainable. Concerns about the sustainability of growth arise as interest rates impact the economy, the labor market shows signs of deteri...

2024-07-15 13:20:00 ET Summary Consumer spending drives just under 60% of Canadian GDP growth, and consumer spending fell across all categories in June–discretionary and essential. Fewer Canadians have renovated their homes amid a sluggish housing sector, while food service...

2024-07-15 11:50:54 ET Stifle came out and highlighted its call for a correction taking place already was wrong from a timing standpoint, but the financial institution still believes that a correction is looming and predicts Wall Street will see one by the end of October.... Read the ...

2024-07-15 11:46:30 ET Summary The Treasury curve was down 15 basis points at 2 years and was down 10 basis points at 10 years over the last week. As a result, the current negative 2-year/10-year Treasury spread narrowed to negative 27 basis points this week compared to negative 3...

2024-07-15 11:20:00 ET Summary The CPI for June came in lower than expected. Inflation fell 0.1% in June, and for the trailing 12 months it came in at 3.0%. The annual increase for the core CPI rate was the smallest since April 2021. While not yet at the Fed’s 2% long-term ...

2024-07-15 09:50:00 ET Summary The Consumer Price Index actually fell in June by 0.1%, but the year-over-year change was still 3%, a full percent higher than the Fed’s target. The Producer Price Index was a negative surprise, with a headline reading of +0.2% and a core read...

2024-07-15 08:55:00 ET Summary The S&P 500 notched its 37th record high on Wednesday of last week. The best-performing groups last week were the small caps. The Goldilocks scenario would be a continuation of the broadening out to include small and mid-caps, while still kee...

2024-07-15 08:30:01 ET Summary Following a cooler than expected CPI print, the Russell 2000 had third-best day relative to S&P 500 on record, with SmallCap/Value outperforming Growth. Expectation of lower Fed rates are driving SmallCap/Value outperformance, supported also by a...

2024-07-15 07:15:00 ET Summary A new Trump term would likely bring a flurry of change and activity, whereas a second Biden term is more likely to see a more predictable consolidation of first-term legislative initiatives. On trade and tariffs, we see the clearest signal of all tha...