SPY News and Press, SPDR S&P 500 From 06/05/24

2024-06-05 12:08:24 ET Summary Recent comments from members of the FOMC suggest that rate cuts will come much later in September. We see increasing risks of a Fed policy error. Paul Krugman, who has been mostly right about the U.S. economy's resilience and the ultimately transitor...

2024-06-05 11:11:52 ET More on the markets Asia-Pacific markets mixed as investors assess India’s election results, economic data Why I'm Shorting Chinese Stocks Apple seeing iPhone demand stabilize in China ahead of WWDC: Citi Dollar Softer Ahead Of U...

2024-06-05 10:06:36 ET Buying of exchange traded funds rebounded in May, as investors injected $90B into the sector during the month. This pushed the 2024 exchange traded fund inflow total to over $320B.... Read the full article on Seeking Alpha For further details see: ETF ...

2024-06-05 09:40:00 ET Summary At 50.9, the Global Manufacturing PMI recorded above 50.0 neutral mark for a fourth straight month in April. The latest data signalled an ongoing steady improvement of the global manufacturing economy so far in 2024 after almost one and a half years ...

2024-06-05 08:30:00 ET Summary The month of May continued the bull market trajectory which started back in October 2022 and has now produced positive returns for 4 out of the first 5 months of 2024. This came with enhanced volatility. There are current headwinds, including softeni...

2024-06-05 07:15:00 ET Summary The yen, which rallied, yesterday, has given back most of its gains and the wage data gave the market second thoughts about next week's BOJ meeting. The Mexican peso, which has been sold aggressively in the face of the strong election showing of the ...

2024-06-05 04:10:00 ET Summary Layoffs and discharges fell for the second month in a row, to 1.51 million in April, seasonally adjusted, the lowest since December 2022 during the labor shortages, and down substantially from the pre-pandemic range. Layoffs and discharges fell to 0....

2024-06-05 03:40:00 ET Summary Currency in circulation grew at a fairly steady pace of 6.6% per year from 2010 through 2019. It then exploded upward in the wake of the massive Covid stimulus spending. Tight inflation has fallen, real yields are relatively high, and interest-sensit...

2024-06-04 18:38:01 ET More on the markets and the economy Euro Area May manufacturing PMI rises slightly below estimate The European Soft-Landing And The U.S. Stagflation AI intrigue: Elon Musk reportedly directed Tesla's Nvidia chips to go to xAI Dow, S&...

2024-06-04 15:40:00 ET Summary Equities here in the US have gotten off to a weak start this month, with the S&P 500 down modestly over the past couple of sessions. The US-traded ETF that tracks Mexican stocks is down 8.3% month-to-date and 12.3% year-to-date. Averaging acr...