IVW News and Press, iShares S&P 500 Growth From 02/23/24

2024-02-23 07:45:00 ET Summary Amid a light news stream, the dollar is mostly in narrow ranges against the G10 currencies. Emerging market currencies are mixed, though central European currencies generally fared the best. The dramatic equity rally in the US yesterday helped li...

2024-02-23 00:10:00 ET Summary The early PMI data for February indicate that the US economy continued to expand midway through the first quarter. Although service sector growth cooled slightly, manufacturing staged a welcome return to growth, with factory output growing at the fas...

2024-02-22 12:30:00 ET Summary Both US Consumer Price Index and US Producer Price Index data for January were hotter than expected, but it was no cause for concern, in my opinion. The most recent gross domestic product prints for Japan and the UK show that both economies were tech...

2024-02-21 14:56:00 ET Summary The Magnificent Seven stocks (Microsoft, Apple, Alphabet, Amazon, Nvidia, Meta, and Tesla) have been the largest driver of equity returns in recent years and were again the dominant contributors in 2023, accounting for more than half of the market increa...

2024-02-21 12:55:00 ET Summary In December 2023, the AIER Business Conditions Monthly indices again emphasized the unpredictable nature of economic data in the post-COVID-19 period. From November 2023 to December 2023, seven of the twelve leading indicators rose, four declined, an...

2024-02-21 10:14:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-02-21 08:25:00 ET Summary The dollar is trading quietly after being sold yesterday. The offshore Chinese yuan is firmer for the sixth consecutive session. The CSI 300 rallied four consecutive sessions before the Lunar New Year holiday and is up in each of the three sessio...

2024-02-21 07:35:00 ET Summary Since our last update three months ago, expectations for the S&P 500's earnings slumped in the near term and are stretching out the recovery from 2022's earnings recession. The S&P 500's EPS had been expected to return to its March 2022 peak ...

2024-02-21 00:04:00 ET Summary Clearly, the markets believe the next move will be toward lower rates, but no one should be surprised by the fact that a rate increase is possible. Two years ago, almost no one correctly forecast the recent path of interest rates. Recent policy e...

2024-02-20 20:20:00 ET Summary The biggest economic news last week was that the Labor Department reported on Tuesday that the Consumer Price Index (CPI) rose 0.3% in January and 3.1% in the past 12 months. Overall, the annual pace of the CPI continues to decelerate, but not at the...