IVW News and Press, iShares S&P 500 Growth From 05/04/24

2024-05-04 06:00:00 ET Summary Job creation was weaker, unemployment higher and wage growth more subdued than expected in the April employment report. With Fed Chair Powell leaning dovish at Wednesday’s press conference this has breathed new life into Federal Reserve intere...

2024-05-04 05:00:00 ET Summary The Japanese currency had weakened back to 157.94 by Wednesday, before a second round of intervention pushed the dollar/yen down to 153. The Nasdaq 100 traded up to 17,800 in Monday trading - then dropped 2.9% to Wednesday morning lows. Any pushb...

2024-05-04 03:25:00 ET Summary The BLS reported a gain of 175k jobs which was below expectations of about 200k. The 175k jobs surprised to the downside, with the unemployment rate also rising slightly to 3.9%. While part-time had been leading the way for months, April saw a bi...

2024-05-03 11:22:38 ET Summary Stock prices soar pre-market, as 2-year Treasury yield falls, due to anticipation of rate cuts starting sooner and larger numbers. Payroll report shows lower job numbers, decrease in wage growth, and the general softening that the Fed wants to see. ...

2024-05-03 10:21:26 ET Summary April nonfarm payrolls increased by 175,000, below estimates, and pulled forward rate-cut expectations. Unemployment rate ticks up to 3.9% in April from 3.8% in March. Average hourly earnings came in softer than expected, signaling a decline in w...

2024-05-03 09:45:17 ET Summary The Labor Department reported that employers added 175,000 jobs in April, well below gains of over 300,000 in March. Unemployment also ticked higher, while wage growth slowed further. Notable cooling occurred in both the healthcare and government...

2024-05-03 08:20:00 ET Summary Total assets on the Fed’s balance sheet fell by $77 billion in April, to $7.36 trillion, the lowest since December 2020, according to the Fed’s weekly balance sheet yesterday. In May, the Fed will shed another $75 billion or so in asset...

2024-05-03 07:50:00 ET Summary The inflation challenge facing the Fed. Why the US jobs market remains strong. The strong US economy and the Fed: why rates may stay higher for longer. ... Read the full article on Seeking Alpha For further details see: ...

2024-05-03 07:41:45 ET Summary The Federal Reserve is committed to returning inflation to its 2 percent objective. There will be no change in the target range for the federal funds rate. The Federal Reserve will continue to reduce the size of its securities portfolio but at a ...

2024-05-03 07:40:00 ET Summary Following last year's strong close, first quarter returns for the capital markets were driven by hope and a measure of fear. The bond market did not fare as well, beginning first with the Fed urging caution about the timing and magnitude of rate cuts...