XHB News and Press, SPDR Series Trust Homebuilders From 06/21/23

2023-06-21 07:17:42 ET SPDR S&P Homebuilders ETF ( XHB ) - $0.1787 . 30-Day SEC Yield of 0.94% as of Jun. 15. Payable Jun 23; for shareholders of record Jun 21; ex-div Jun 20. For further details see: SPDR S&P Homebuilders ETF declares quarterly distribut...

2023-06-20 22:45:00 ET Summary As inflation begins to moderate, Olga and Hugo examine the structural forces shaping the medium-term outlook in four categories: energy, housing, goods, and services. They uncover dynamics that challenge conventional wisdom about post-COVID shifts in...

2023-06-20 21:35:00 ET Summary Seasonally, May is one of the best month for construction starts of single-family houses and multi-family buildings. Today, the Census Bureau released the May constructions starts, and they were a blowout. The share of single-family housing start...

2023-06-20 17:47:26 ET Summary Housing is a critical sector in the U.S economy. The connection between housing starts data and lumber prices is crucial to understanding the dynamics of the housing and lumber market. The Fed isn't finished until housing is finished. ...

2023-06-20 14:41:57 ET Homebuilder stocks rallied in Tuesday mid-afternoon trading as traders cheered an unexpected jump in the construction of new homes last month. Most homebuilding stocks caught bids despite risk-off action in the broader stock market, including Meritage Homes ( NY...

2023-06-19 22:20:00 ET Summary The Russell 1000 and the S&P 500, the two main broad US large-cap indexes, are both up about 15% this year. But the growth and value versions of these two indexes have produced very different results. The dollar was down last week, presumably on ...

2023-06-16 21:10:00 ET Summary No one could have possibly been surprised by the Fed’s lack of action on Wednesday. They had signaled to anyone who would listen that they would pause. The official inflation figures have indeed moderated over the last year. As far as I ca...

2023-06-12 13:11:00 ET Summary The 10-year Treasury yield was modestly higher last week but the trend – or lack thereof – hasn’t changed. We look at sentiment in a lot of ways and there is no doubt that it is quite bullish right now so a correction of some kin...

2023-06-10 12:00:00 ET REITs showed mixed performance this week, as capital challenges facing the sector impacted sentiments but a positive outlook provided relief. The FTSE Nareit All Equity REITs index rose slightly from last week, by 0.80%. Comparatively, S&P 500 w...

2023-06-10 09:24:10 ET Summary The Fed needs to continue hiking rates until there is obvious damage to the economy and financial markets. The heavily shorted homebuilders are the most indicative of the recent FOMO bounce in stocks, in expectation of the Fed's pause. The labor ...