SPY News and Press, SPDR S&P 500 From 06/08/24

2024-06-08 02:25:19 ET Summary The S&P 500 is moderately overvalued with a P/E ratio above its historic mean, but it reached a new all-time high. The CBOE Volatility Index (VIX) is below 13, indicating low volatility in the market. Days with both an all-time high for the S...

2024-06-08 01:52:55 ET Summary Vanguard Total Stock Market ETF is a massive fund with $1.5 trillion in net assets. VTI follows a total market approach but skews towards large cap holdings, resulting in a return profile similar to the S&P 500. The fund may be a compelling o...

2024-06-08 00:01:00 ET Summary Coming into 2024, many income investors expected falling inflation, slowing economic growth and rate cuts that would boost bond returns- a view that spurred record flows into investment-grade bonds. Despite a slow start to the year for bonds, fixed i...

2024-06-07 22:55:00 ET Summary Payroll gains were hotter than expected in May, slamming the door shut on any hopes of a July policy rate cut. The latest jobs report showed that 272,000 non-farm payroll jobs were added last month, significantly beating consensus forecasts of 180,00...

2024-06-07 19:12:00 ET The S&P 500 ( SP500 ) on Friday rose 1.32% for the week to end at 5,346.99 points, posting gains in four out of five sessions. Its accompanying SPDR S&P 500 ETF Trust ( NYSEARCA: SPY ) rose 1.26%.... Read the full article on Seeking Alpha ...

2024-06-07 15:30:41 ET Summary While the labor market has weakened, it appears we have reached full employment versus over employment. The job creation trend has slowed, with job openings outpacing number of unemployed at a three-year low. Despite full employment, wage growth ...

2024-06-07 15:13:50 ET Summary The First Trust Water ETF holds 36 companies that derive a substantial portion of their revenues from the potable water and wastewater industry. Over the last two years, I have relied on fundamental analysis to justify not buying FIW. In previous rev...

2024-06-07 15:00:58 ET More on the markets Going Into June, SPY Or VXF, Which Is The Better Buy? (Technical Analysis) SPY: 2 Options To Balance Out A Highly Concentrated Index Bitcoin's Fading Action Is A Huge Warning For Stock Market Liquidity Citi – ...

2024-06-07 14:21:40 ET Summary The Fed is likely to signal less than 3 cuts in 2024, possibly no cuts at all, which is a hawkish turn and signals a "higher-until-recession" policy. The Fed is also likely to increase the projected unemployment rate and inflation figures for 2024. ...

2024-06-07 13:48:32 ET Summary Nonfarm Payrolls in May exceeded expectations, growing by 272,000 jobs and surprising economists. The strong payroll and hourly earnings data may temper hopes for Fed rate cuts and raise concerns about inflation. Certain details in the report rai...