IYC News and Press, iShares U.S. Consumer Services

2024-07-17 15:16:51 ET Summary The consumer discretionary sector has lagged due to Tech dominance and refinancing risk concerns, but may see a boost with the Fed cutting cycle. iShares US Consumer Discretionary ETF offers exposure to various industries and top companies like Amazo...

2024-07-17 05:00:00 ET Summary The Census Bureau's Advance Retail Sales Report for June revealed headline sales were flat last month. Core sales (ex Autos) rose 0.4% in June, coming in higher than the expected 0.1% growth. Current control purchases are up 4.1% compared to June...

2024-07-17 03:00:00 ET Summary Retail sales without gasoline and auto sales jumped by 0.8% in June from May, seasonally adjusted, the biggest increase since January 2023, spread among many categories of retailers. The Atlanta Fed’s GDPNow forecast for Q2 real GDP was update...

2024-07-16 12:20:00 ET Summary U.S. retail sales for June showed unexpectedly robust performance, with overall sales remaining flat above expectations of -0.3% month-over-month. Excluding autos, sales increased by 0.4%, above flat expectations, while the key control group, which e...

2024-07-16 03:45:00 ET Summary Inflation is still affecting retailers - during the last earnings season, 73% mentioned inflation during their earnings calls. Walmart raised its full-year guidance as more consumers continued to gravitate towards everyday values and become loyal sho...

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...

2024-07-02 15:28:00 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...

2024-06-24 10:16:00 ET Summary The economic environment was unchanged last week, as the 10-year rate and the dollar both rose slightly. Large cap growth stocks and commodities continue to lead on the YTD basis with intermediate-term Treasuries flat, while small-cap stocks and REIT...

2024-06-19 04:55:00 ET Summary There are two crucial things that go into retail sales: Seasonal adjustments and inflation/deflation in goods, which is what retailers sell. Inflation in the US has been raging in services, where two-thirds of consumer spending goes. Nondurable g...

2024-06-18 13:25:00 ET Summary US retail sales were softer than hoped in May and with April revised to show a contraction, we are seeing more evidence of a cooling consumer spending story. With inflation pressures seemingly moderating and unemployment ticking higher, a September F...