IYK News and Press, iShares U.S. Consumer Goods

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...

2024-07-12 12:32:00 ET More on Consumer Staples XLP: A Strong Buy-The-Dip Candidate For Income Investors As Recession Risks Grow XLP: Not In The Spotlight Amid Market Uncertainty Hedge funds betting against staples going into Q3 Top performers in S&P500 c...

2024-07-12 09:20:00 ET Summary We remain constructive on equities based on three general observations - investors’ renewed focus on corporate earnings, the gradual broadening of the stock market and the continuing global industrial rebound. In the near future, we expect fur...

2024-07-09 10:19:04 ET Wells Fargo spotlighted the pulse of the U.S. consumer on Tuesday morning, as the financial institution highlighted what certain companies are saying about overall purchasers, as some see a slow-down while others remain confident.... Read the full article on See...

2024-07-01 08:58:42 ET More on Consumer Staples XLP: A Strong Buy-The-Dip Candidate For Income Investors As Recession Risks Grow XLP: Not In The Spotlight Amid Market Uncertainty XLP: Expensive With Underperformance Risk Top performers in S&P500 consumer ...

2024-06-30 10:05:00 ET More on Consumer Staples XLP: A Strong Buy-The-Dip Candidate For Income Investors As Recession Risks Grow XLP: Not In The Spotlight Amid Market Uncertainty XLP: Expensive With Underperformance Risk Top 3 consumer staple targets for shor...