SPY News and Press, SPDR S&P 500 From 06/18/24

2024-06-18 09:30:00 ET Summary Calamos Convertible and High Income Fund is a closed-end fund that invests in Convertible Securities, Corporate Bonds & other Fixed-Income securities. Like other funds in the Convertibles space, CHY uses a significant amount of leverage. CHY'...

2024-06-18 09:15:00 ET Summary The internal health of the stock market has markedly deteriorated, giving way to a number of warning flags that could presage unfavourable performance in the short to medium term. Stock market breadth has fallen by the wayside as fewer and fewer part...

2024-06-18 08:49:27 ET More on SPDR S&P Retail ETF XRT ETF: Mixed Signals For Retail Stocks Into Second Half Of 2024 Watch these consumer stocks for a potential boost from a stock split announcement The consumer 'remains more likely to cruise' than crumble - Gold...

2024-06-18 08:45:00 ET Summary The Fed did not lower its inflation forecast based on the Personal Consumption Expenditure (PCE) index, and it raised its unemployment forecast to 4.1%. The Fed cannot fight market rates, so if Treasury yields go lower, the Fed may be forced to cut r...

2024-06-18 08:40:00 ET Summary After dipping in April, teen jobs rose in May 2024 to their highest level since September 2007. Since January 2024, there has been a shift away from younger teens (age 16-17) in favor of older teens (age 18-19) in the job figures. As of May 2024,...

2024-06-18 08:10:00 ET Summary Unsurprisingly, investors have become increasingly exuberant about stock prices in conjunction with the market rally that began in 2022. When looking at the consumer survey data by income bracket, we see that the lowest and middle-income brackets hav...

2024-06-18 07:32:29 ET More the markets Perfect Time For November Election Protection Volatility Is All But Gone While The Economy Sends Mixed Signals SPY Is Sub-Optimal For Long-Term Diversified Investors Evercore ups S&P '24 target to Street High 6,000,...

2024-06-18 07:29:07 ET The S&P 500 ( SP500 ) has notched its 30th record close of 2024, closing out the session on Monday at 5,473. In fact, the index is now up a whopping 15% only six months into the year, resulting in an additional $5.5T in market capitalization. There's a...

2024-06-18 07:25:00 ET Summary There’s broad agreement among portfolio managers that a concentrated group of AI winners will drive returns over a short-term tactical horizon. U.S. stocks hit record highs and bond yields fell after the May CPI came in below expectations. The...

2024-06-18 07:10:00 ET Summary The dollar has caught a bid ahead of the US retail sales and industrial production figures. A hawkish hold by the Reserve Bank of Australia has not done much for the Australian dollar, which is little changed on the day. Benchmark 10-year yields ...