IYY News and Press, iShares Dow Jones U.S.

2024-07-21 22:12:16 ET Summary Market corrections are common, occurring every 1.2 years on average since 1980, but recoveries are quick, averaging just 4 months. Many believe the next crash could be among the worst, so far worse than average. Baby boomers should be concerned a...

2024-07-21 16:00:00 ET Summary Bearish signals were in place last weekend, but we needed to see price action confirm the bias. This week's action provided confirmation, and both the monthly and weekly charts have made potential reversal patterns. 5446-70 should hold for a boun...

2024-07-20 09:45:00 ET Summary The consolidative phase for the dollar, after its recent drop, is evolving into a proper upside correction. Japan's economy appears to have recovered in Q2 from the contraction in Q1. The eurozone's June PMI fell for the first time since last Oct...

2024-07-20 04:20:41 ET Summary Americans fear their country is spiraling out of control following an assassination attempt on Donald Trump, with worries growing that the Nov. 5 election could spark more political violence, a Reuters poll found. Markets are said to hate uncertainty...

2024-07-20 03:20:00 ET Summary Global consumer spending growth remained resilient in the second quarter, according to PMI survey data from S&P Global Market Intelligence, fueled by rising demand for both goods and services. The overall expansion in the second quarter nonethele...

2024-07-20 02:50:30 ET Summary Price action confirms one of the biggest risks market analysts see out there - the concentration in the market. The S&P 500 earnings data support the bull market narrative. Pay attention to companies beating estimates and raising guidance. In...

2024-07-20 01:15:00 ET Summary The economic strength that has delayed Fed cuts should support a positive backdrop for corporate earnings. The narrowness of market gains remains a concern, with the equity rally seemingly hostage to the performance of Magnificent 7 technology stocks...

2024-07-20 00:45:00 ET Summary The latest Conference Board Leading Economic Index decreased in June to its lowest level since April 2020. The LEI is a composite index of several indicators. It is a predictive variable that anticipates, or leads, turning points in the business cycl...

2024-07-20 00:15:00 ET Summary This week, markets were influenced by trade war fears, US political developments, and a global cyber outage. In Asia, the Japanese yen weakened, and Chinese authorities remained silent on economic goals despite weak data. Next week, US PCE and GD...

2024-07-19 06:34:07 ET Summary The recent labor market data continues to point to a borderline recession. The rotation out of mega-cap tech stocks points to a Gen AI bubble burst. Thus, the S&P 500 is facing a recessionary bear market with a bubble burst. Two ris...