SPY News and Press, SPDR S&P 500 From 05/27/24

2024-05-27 23:11:25 ET Summary United Rentals has experienced significant growth, driven by strong demand in various end markets and government stimulus programs. The company's revenue growth has been fueled by infrastructure investment initiatives and increased demand in sectors ...

2024-05-27 20:55:10 ET Summary Morningstar published their 10 Best Dividend Stocks, which are undervalued blue-chip stocks with reliable dividends. The article analyzes the valuation and estimated future total return of each stock, comparing them to the S&P 500. Comcast ha...

2024-05-27 18:32:42 ET Summary Amid an uncertain political backdrop and mixed vehicle industry trends, shares of automakers have generally rallied lately. Used vehicle prices are down substantially while miles driven stats are up. I have a buy rating on General Motors (GM) for...

2024-05-27 18:20:00 ET Summary Fed Trader Chaim Siegel discusses fundamental and technical bullishness in the market. He believes that the underlying fundamentals are good, with strong earnings and a supportive Fed. Siegel sees the current trend as bullish, but warns that a si...

2024-05-27 14:05:00 ET Summary The Q2 ’24 Atlanta GDP Nowcast is projecting mid 3% GDP for the 2nd quarter, 2024. Friday morning, we get Core PCE data for April ’24, and overall April PCE data is expected at +0.2%, while the April Core PCE data is expected at +0.3%. ...

2024-05-27 10:32:44 ET Summary Nvidia's stock surged 15% this week, boosting market capitalization to $2.619 TN - or 62 times earnings and 32.9 times revenues. As is typically the case, policies and speculation strategies that take U.S. finance by storm soon permeate the world. ...

2024-05-27 09:37:00 ET Online services giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has made plenty of millionaires over the years. You'd have more than a million dollars in the Google parent's stock today if you invested just $15,000 when it entered the public stock market in ...

2024-05-27 08:50:00 ET Summary "Sell in May and Go Away" does not hold true for the S&P 500 in the last 10 years. In the years immediately preceding the Credit Crunch, returns in the first half of the year exceeded the second half's. Since the Fed started stress testing ba...

2024-05-27 08:25:00 ET Summary The dollar traded mostly higher last week. The US 10-year yield bottomed near 4.30% in mid-May and reached 4.50% last week to test the 20-day moving average. The US dollar frayed support near CAD1.36 last week and recovered to almost CAD1.3750 be...

2024-05-27 08:21:21 ET Summary S&P 500 and SPY have seen significant gains in recent weeks but ended May 24 barely positive. The U.S. Treasury has different tenors in Treasury Bills, Notes, and Bonds, with the 10Y Note being the benchmark. The Yield Curve Stiffness (YCS) a...