IYM News and Press, iShares U.S. Basic Materials From 12/08/21

The latest IHS Markit US Sector PMI revealed that six of the seven broad sectors tracked by the surveys reported higher output in November. Despite some of the supply chain problems having eased in November, the extent to which production growth had been constrained is consistent with...

While gold has bounced, rallying 4% from the fall low, it remains stuck in a range, between $1,750 an $1,850 an ounce. Since the early spring gold’s correlation with U.S. equities has been around 0.4, well above the levels that prevailed last summer. While rising adaptation...

One of the big themes that we've seen the last few weeks is interest rates rising and value outperforming growth. Strategas' Todd Sohn examines the reemergence of cyclicality following an economic "growth scare." Todd breaks this down before taking us through some timely sector an...

iShares U.S. Basic Materials ETF (NYSEARCA:IYM) - $0.5200. 30-Day SEC Yield of 1.34% as of Aug 31. Payable Sep 30; for shareholders of record Sep 27; ex-div Sep 24. For further details see: iShares U.S. Basic Materials ETF declares quarterly distribution of $0.5200

The IHS Markit Global Sector PMI™ signalled sustained strong recovery for the global economy, led by the consumer services sector. Basic Materials sector output growth eased for a second straight month to land in the last position of the eight sector groups we track in the glob...

Year over year, the Consumer Price Index (CPI) rose 4.2% in April, 5.0% in May, and 5.4% in June. Fading re-opening enthusiasm or the drying up of government stimulus checks could be factors in the sluggish growth numbers compared to prior month. Bond and equity markets indicated ...

Basic material stocks closed out the trading week on a positive note, with iShares U.S. Basic Materials (IYM) +1.33% and Materials Select Sector SPDR ETF (XLB) +0.79%.Lumber futures saw a surge this week on concerns that wildfires in western Canada will reduce supply and cause ...

Basic material stocks recorded a marginally positive week, with iShares U.S. Basic Materials (IYM) +1.29% and Materials Select Sector SPDR ETF (XLB) +1.17%.During the week lumber futures (LB1:COM) surrendered all of their astronomical 2021 gains as demand eases and supply expands in resp...

TimArbaev/iStock via Getty Images In the latest Refinitiv Lipper U.S. fund flow insight report for the week of July 7, 2021, data shows that the investment community was overall net redeemers of fund assets for the fourth week in a row. Market participants of both conventional funds and excha...

Marginal growth continued for basic materials stocks for the second consecutive week after registering a fall in the past two weeks.iShares U.S. Basic Materials ETF (IYM) and Materials Select Sector SPDR ETF (XLB) both recorded slightly accelerated growth from the previous week, gaining ...