SPMD News and Press, SPDR Portfolio Mid Cap From 06/04/24

2024-06-04 09:15:00 ET Summary Motio Research's initial estimate of U.S. median household income in April 2024 is $78,238. Motio Research's monthly estimates of median household income are based on income data collected by the U.S. Census Bureau as part of its monthly Current Popu...

2024-06-04 07:45:00 ET Summary The dollar's losses scored after yesterday's disappointing ISM manufacturing report was extended initially in Asia Pacific turnover earlier today before it recovered. Indian stocks are giving back yesterday's gains plus today, sliding more than 5%. ...

2024-06-04 03:15:00 ET Summary Inflation data resumed its downward trend after providing some cause for concern in April. Rates and markets both turned mid-May, with higher rates weighing on headline indices in the US. US equities ended the month higher, with the S&P 500, ...

2024-06-03 23:50:00 ET Summary Once again, stocks did not disappoint on Friday as the S&P 500 Index delivered another rare 100 point plus daily range. Based on futures trading, Friday’s range in both the S&P 500 and the NASDAQ 100 indexes was slightly larger than th...

2024-06-03 15:40:00 ET Summary European government bond yields have swung as markets question how far the ECB will ease policy beyond a first cut expected this week. Even with anticipated rate cuts, we see policy rates in the U.S. and Europe settling at a far higher level than the...

2024-06-03 13:24:19 ET Summary A soft landing refers to a smooth economic cool-down that avoids recession - after a period of rapid economic expansion. The Federal Reserve aims to achieve a soft landing from the current expansion, while history proves the task's inherent challenge...

2024-06-03 12:36:00 ET Summary Despite the Salesforce miss and the drop in software stocks last week, the trends in technology sector earnings remain positive. There is nothing about the S&P 500 EPS data that seems to indicate a problem with the US economy, at least as of toda...

2024-06-03 01:33:45 ET Summary The S&P 500 Index has slowed but remains resilient, with low growth, low inflation, and low interest rates. Institutional investors are no longer making risk-free bond investments due to the inverted yield curve. Individual investors are expe...

2024-06-02 18:06:53 ET Summary US stock markets performed well in May despite a period of uncertainty. Data on inflation reached the market on Friday showing that the Fed's favored price index, the PCE, was up only 2.7 percent from a year earlier. Combined with information tha...

2024-06-02 16:00:00 ET Summary The S&P 500 was 30 minutes away from forming bearish patterns on the weekly and daily charts. Friday's rally into the close saved the charts and squeezed the bears. The May close of 5277 gives the first part of June a bullish bias, with new a...