SPY News and Press, SPDR S&P 500 From 05/30/24

2024-05-30 14:34:13 ET Summary Lower-income households are feeling pressure while the high-end market appears to be doing well, evidenced by reports from Ross Stores and Foot Locker. Nike's Q3 results last March showed a mixed performance, with a beat in earnings but a decline in ...

2024-05-30 13:51:04 ET Summary Analysts expect the April headline PCE to rise by 0.3% m/m and 2.7% y/y, potentially pushing the Fed further from its 2% inflation target. Core PCE is also expected to rise by 0.3% m/m and 2.8% y/y, indicating a potential increase in the y/y rate of ...

2024-05-30 11:37:00 ET Summary For a year now, overnight interest rates have been above 5% in Canada and America, while the Consumer Price Index has been falling. Over the past year, stock prices have risen four times faster than earnings growth, with the price-to-forward earnings...

2024-05-30 10:15:00 ET I have a good amount of money invested for my retirement. Almost all of it -- somewhere around 90% -- is invested in one single asset. It's the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) It may seem crazy to have so much of my portfolio in just one ETF. But...

2024-05-30 07:20:00 ET Summary The dollar initially extended yesterday's North American recovery but unwound most of the gains in the European morning. The yen's recovery arguably helped the Chinese yuan rise for the first time since May 15. After falling more than 1% yesterda...

2024-05-30 03:42:00 ET Summary Money Supply is a very important indicator that helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Money Supply should dip some heading into the summer before rebounding later in the...

2024-05-30 03:05:00 ET Summary It's important for investors to distinguish between market bubbles and regular market cycles. Market cycles are driven by fundamental economic factors and are an inherent aspect of market dynamics. In contrast, a market bubble is marked by unsustaina...

2024-05-29 19:04:37 ET More on the markets Nvidia Stock Still Looks Cheap, Even At All-Time Highs Big Tech's AI push risks their carbon emission goals: Barclays Stocks with momentum and at least 5% EPS revisions since end of March - Wolfe Research Global AI chip ...

2024-05-29 17:54:02 ET Summary We had downgraded HPP common and preferreds to a Sell on our last coverage. The common shares are down 50% while the preferreds are flat. We analyze the latest results and tell you why the two equity classes will converge. On our last c...

2024-05-29 13:57:14 ET More on the U.S. property market Existing home sales unexpectedly slip in April Home Sales Whacked By Mortgage Rates ITB: This US Construction ETF Is Poised To Generate Substantial Returns Invesco Mortgage Capital: An Interesting Play I...