WOOD News and Press, iShares S&P Global Timber & Forestry Index Fund From 10/10/22

Summary Over the last two weeks Federal Reserve officials delivered 37 speeches, all of the speakers competing to see who could be the most hawkish. The big problem with the Fed’s plan to kill inflation by reducing economic growth and raising the unemployment rate is that t...

Summary Construction companies, like other European companies, are working to reduce CO2 emissions and to do business in a circular way where possible. Governments are striving to use more bio-based building materials, including wood. Several large European construction compan...

Summary Today's market X-ray shows the returns for each index, asset class, sector, and so on, since the recent low point on June 16th. Of the global indices, US small caps are in the lead, followed by the NASDAQ. High beta stocks are the most preferred factors since June 16. ...

The S&P Materials index closed this trading week in red, down 1.95%, one of the top losers for the five-day period. The Materials Select Sector SPDR ( XLB ) also dropped 1.36%. The commodities market felt some pressure at the start of the week, after China's econ...

Resolute Forest Products trades at or near the cash consideration offered by acquirer Domtar. Domtar is also offering a CVR tied to refunds on $500 million worth of deposits to the U.S. government. Various 3rd party assessments suggest a value between $2 and the maximum of $5 per ...

The S&P 500 on Friday recorded its fourth straight weekly gain , up 3.26% with 11 sectors closing in the green for the week. Energy was the top gainer, rising +9.32%, and the Energy Select Sector SPDR ETF ( XLE ) was up +7.38%. Copper prices continued their steady advanc...

CBOT lumber futures rose ( LB1:COM ) for the third straight session on Wednesday to $601.80 per 1,000 board feet, the highest intraday price since July 22, as supply cuts from a top Canadian producer outweigh rising interest rates that are hurting housing markets. West Frase...

The S&P 500 Materials index closed this trading week with a slight dip of 0.58%. The Materials Select Sector SPDR (NYSEARCA:XLB) also registered a similar drop. A look at the sector's YTD price performance against S&P 500: Copper price rose on Friday followin...

Canada's government said on Thursday it will challenge U.S. duties on softwood lumber, Bloomberg reports, saying the tariffs have caused "unjustified harm" to the industry and workers. International Trade Minister Mary Ng said Canada will request dispute settlement through the USMCA...

The materials sector edged higher this week, with S&P 500 Materials index and Materials Select Sector SPDR ( XLB ) both up 4% . Iron ore futures surged over 7% in China on Monday, according to Reuters , extending a previous rally sparked by hopes of an economic rebound...