XHB News and Press, SPDR Series Trust Homebuilders From 08/06/23

2023-08-06 03:41:00 ET Summary The US economy continued to move forward in July, although some portions, especially manufacturing, are stumbling. While job growth remained solid in June, nonfarm payrolls rose by 209,000 for June, the smallest increase since the end of the Covid re...

2023-08-05 12:00:00 ET REITs fell this week as major indices suffered the impact of negative reactions from the market, arising from the recent downgrade by Fitch Ratings, jobs data and other macro factors. FTSE Nareit All Equity REITs declined 2.19% from last week, compared to the S&am...

2023-08-04 10:55:15 ET Summary We present a playbook for the S&P 500 Index specifically for investors who are still sitting on the sidelines. Our favourite playbook tactic at the moment is to rotate portfolio allocation towards value so that investors can stay fully inves...

2023-08-04 02:00:00 ET Summary If the typical American household was out looking for an affordable new home to buy in June 2023, they almost certainly didn't find it. ATTOM's report on overall home affordability in the U.S. for the second quarter of 2023 confirms the country ...

2023-08-03 12:13:44 ET Long-term mortgage rates rose on the back of upbeat economic data and the U.S. government credit rating downgrade, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.90% as of Aug. 3, compared to 6.81% last week and 4...

2023-08-01 05:15:00 ET Summary It’s Q2 earnings season, and many of our stocks are already exhibiting relative strength, which is a sign that money is gravitating to companies that will post the strongest quarterly results and the best future guidance. We’re finally ...

2023-08-01 03:35:00 ET Summary As we think about this year, I think one of the things that we need to be mindful of is this idea of this is still an economic environment that is still under pressure from exceptionally fast tightening and monitory policy. This year, we've seen not ...

2023-07-30 09:00:00 ET Summary U.S. equity markets climbed to the highest levels since early 2022 as investors analyzed a frenzied slate of corporate earnings results, economic data, and central bank policy decisions. Gaining for a third-straight week, the S&P 500 advanced 1.0...

2023-07-29 12:00:00 ET REITs continued on their downward trajectory for the second consecutive week, while the broader markets kept up their gaining trend. While the broader markets gained on the back of solid quarterly results by big names and a cooler inflation data, REITs saw...

2023-07-29 05:12:00 ET Summary As economic conditions improve, multi-asset investors may see better equities opportunities, alongside compelling income generation. As inflationary pressures now abate, we see eventual improvement in both real incomes and profits, which should enhan...