SPY News and Press, SPDR S&P 500 From 06/16/24

2024-06-16 08:00:06 ET Summary SPSM underperformed mid-cap and large-cap peers in the past 2 years. Earnings growth expected to improve significantly in 2025 and 2026. SPSM's forward P/E ratio is attractive, but may still lag behind the S&P 500 index in the long run. ...

2024-06-16 06:15:00 ET Summary Indexes with Nvidia are making new highs, while those without are struggling since March peak. Market breadth is weakening, with fewer stocks making new highs and more making new lows. Nvidia's overwhelming influence on the market is masking unde...

2024-06-15 12:35:38 ET More on Enovix and MSC Industrial MSC Industrial Direct Had A Bad Day MSC Industrial Direct: A Mediocre MRO Play MSC Industrial Direct Co Inc (MSM) Q3 2024 Earnings Call Transcript MSC Industrial plunges on preliminary Q3 miss, drags do...

2024-06-15 11:14:07 ET Goldman Sachs has upped its year-end target for the U.S. stock market's benchmark S&P 500 ( SP500 ) index to 5,600 points from 5,200, citing milder than average negative earnings per share revisions and a higher fair-value price-to-earnings multiple.... ...

2024-06-15 11:10:00 ET Summary Despite softer US inflation readings and lower interest rates, the US dollar performed well against the euro, sterling, and yen. Political anxiety in France and the UK, along with economic highlights from central bank meetings, impacted currency mark...

2024-06-15 10:00:00 ET Summary The U.S. Election is less than 5 months away, yet downside equity market protection looks astonishingly cheap. Investors can prepare for potential market volatility by considering Put options contracts on the SPDR S&P 500 ETF Trust expiring after...

2024-06-15 07:16:12 ET Summary The macro view is reality, while the short term is emotion-based, and they rarely align. Separate the two, in the short term - it's always price action. The economic data set that investors need to measure this economic backdrop, is filled with confl...

2024-06-15 05:56:00 ET Summary Global risk-off is gathering momentum, and there's now a clear and present potential de-risking/deleveraging catalyst. Unlike the fleeting UK debt crisis, French election results have the potential to reverberate throughout the European debt markets ...

2024-06-15 04:00:00 ET Summary NVIDIA has been up 155% year to date; its market cap is over $3 trillion. All previous stock market bubbles share the following in common: a narrow stock market rally that focuses on a small group of stocks in a small sector of the economy that Wall ...

2024-06-14 23:00:00 ET Summary Recent focus has centered on the Federal Open Market Committee’s dot plot, which now suggests just one rate cut in 2024. A closer examination reveals the committee is divided, with more participants (8 out of 19) anticipating two rate cuts thi...