SPY News and Press, SPDR S&P 500 From 06/29/24

2024-06-29 09:00:00 ET More on the markets S&P 500's stellar H1 sputters in the homestretch amid concerns over breadth, valuation Catalyst Watch: Tesla deliveries, Constellation Brands earnings, and the June Jobs Report The PCE Report Suggests Three Rate Cuts Sta...

2024-06-29 08:15:00 ET Summary Economic data suggests a recession may be looming, with signs of weakening in the labor market and consumer spending. Investing based on politics is not recommended, as market reactions to political events can be unpredictable and counterintuitive. ...

2024-06-29 05:57:32 ET Summary Consumer Staples stocks are performing well this quarter, keeping pace with the tech-dominated S&P 500. I am upgrading Procter & Gamble from sell to hold due to strong sales growth, stable commodity prices, and improved technicals. PG sha...

2024-06-29 03:50:00 ET Summary The United States experienced a mild deflation in May, according to new data from the Bureau of Economic Analysis. PCEPI, which is the Federal Reserve’s preferred measure of inflation, grew at a continuously compounding annual rate of -0.1 per...

2024-06-29 03:10:00 ET Summary The Federal Reserve’s favoured measure of inflation came in at just 0.1% MoM, offering hope that the first quarter “hot” prints are firmly in the rear-view mirror. US consumer spending is also slowing, with first quarter growth s...

2024-06-29 00:10:00 ET Summary It’s labor force data week, with JOLTS due out Tuesday, ADP out on Wednesday, jobless claims out Thursday and the all-important June nonfarm payroll report will be out Friday. The unemployment report has risen from a low of 3.2% post-pandemic ...

2024-06-28 17:30:00 ET The S&P 500 ( SP500 ) on Friday advanced 14.48% for the first half of 2024, posting gains in five out of six months. Its accompanying SPDR S&P 500 ETF Trust ( NYSEARCA: SPY ) added 14.50% for H1.... Read the full article on Seeking Al...

2024-06-28 17:07:40 ET More on the markets This Doesn't End Well The PCE Report Suggests Three Rate Cuts Starting In September PCE May 2024: Soft Spending, Low Inflation Supports Soft Landing Narrative Goldman’s Pasquariello: 'It is now a good time to ...

2024-06-28 16:00:01 ET Summary Stocks had solid gains in the first half of the year, with the S&P 500 rising 4% and the Nasdaq 100 ETF up 7%. Tech sectors outperformed in June, with XLK leading the way, while utilities, materials, and energy were notably weak. Earnings out...

2024-06-28 15:00:00 ET More on the markets S&P 500: Stay Invested, But Pay Attention To These Risks SPY: The Upside Is Likely Capped SPY: Rating Downgrade Due To Overvaluation S&P 500 H1 performance: Market cap vs. Equal weight Biden-Trump pre...