SPY News and Press, SPDR S&P 500 From 06/12/24

2024-06-12 10:50:41 ET Summary Some of the best CPI numbers in years. Downside surprises in All-Items, Core and Super-core, driven by the latter. The downside surprise was driven by volatile items, so some caution is warranted. The Fed can afford to be patient for several ...

2024-06-12 10:33:31 ET More on the markets and the Fed Look For An Improvement In Breadth With Rate Cuts The Fed: Likely To Cut Rates Despite The Jobs Numbers FOMC Preview: No Big Surprises Nasdaq, S&P jump to all-time highs, Dow climbs after CPI arrives ...

2024-06-12 10:00:27 ET Summary May’s CPI reading largely met expectations, with both the topline and core readings landing better than anticipated. The early AM release marks the first of two noteworthy macro-related events on Wednesday. Today’s CPI report is lik...

2024-06-12 08:05:00 ET Summary Trade between the U.S. and China ticked up in April 2024 over March 2024's level, but not by enough to reverse its falling trend. YoY, the trailing twelve-month average of the combined nominal value of goods exchanged between the U.S. and China fell ...

2024-06-12 07:15:00 ET Summary Position adjustments ahead of today's US CPI and FOMC meeting are giving the dollar a modestly heavier tone today. Led by Central Europe, most emerging market currencies are firmer too. The 10-year US Treasury yield is a little softer and has sli...

2024-06-12 06:42:16 ET More on the markets Nasdaq, S&P, Dow are lower as Fed meeting begins How investors on Seeking Alpha feel about equities, the S&P 500, and where to invest J.P. Morgan’s Kolanovic says stocks appear to be ‘ignoring’ n...

2024-06-12 05:10:00 ET We all would love to wake up one day, check our brokerage accounts, and see the value of our investment top $1 million. The bad news is that this probably won't happen overnight. But the good news is that by investing wisely over the long term, this could happen over ...

2024-06-12 03:50:00 ET Summary One of the persistent themes in recent years has been the high and increasing concentration in US stocks. The outperformance of US stocks has been driven almost entirely by large cap US tech names and the “Magnificent 7”. This isn&#...

2024-06-12 02:50:00 ET Summary The financial press is replete with comparisons to the dot-com bubble of 1999–2000. Some say that the Cisco split marked the top of the dot-com bubble. And they allege that the Nvidia split is doing the same. The other problem with the dot...

2024-06-11 18:05:06 ET More on Apple and the markets AppLovin slides on report Apple replacing SKAdNetwork Apple's 'Golden' Moment Apple poised to outperform peers in on-device AI: analyst Nvidia rated as strongest stock among Magnificent Seven, Tesla weakest...