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Stock Market News for May 16, 2024
Zacks via Yahoo Finance· 10 hours agoU.S. stocks closed higher on Wednesday as investors digested economic data, which showed Federal Reserve Chair Jerome Powell's cautious stance,...
PPI comes in hotter yet stocks rally – CPI today
The Forex Market· 1 day agoWhat I found very interesting is that Consumer Staples – XLP (think the stuff you need vs. want) fell by 0.2%! Home Builders – XHB + 0.9%, Retail – XRT +...
S&P 500, Nasdaq 100, Dow Jones Shatter Record Highs In Unstoppable Bull Market Rally
Benzinga via Yahoo Finance· 1 day agoThe S&P 500, Nasdaq 100 and Dow Jones Industrial Average indices all shattered fresh all-time highs...
3 Sector ETFs to Play on Renewed Fed Rate Cut Hopes
Zacks via Yahoo Finance· 10 hours agoIn April, inflationary pressures showed signs of easing, with the Consumer Price Index on a "core" basis rising 3.6% year over year, in line with...
Why Are Defensive Sectors Outperforming SPY?
etf.com via Yahoo Finance· 6 days agoSPY’s one-month return is –0.3% while the Utilities Select Sector SPDR ETF (XLU) and the Consumer Staples Select Sector SPDR ETF (XLP) gained 7% and 3%,...
From Worst to First: Utilities ETFs Rise Past Other Sectors
etf.com via Yahoo Finance· 2 days agoThe utilities sector is now the best-performing sector of the year, a dramatic turnaround from...
ETF Fund Flows as of May 15, 2024
etf.com via Yahoo Finance· 1 day ago...Invesco QQQ Trust 908.24 260,509.88 0.35% VOO Vanguard 500 Index Fund 521.20 445,643.69 0.12% VTI Vanguard Total Stock Market ETF 320.46 391,089.03...
The surprising reason why utilities stocks have suddenly transformed into the hottest sector on Wall...
Market Watch· 7 days agoAs of Thursday’s close, utilities had risen during 15 of the past 17 trading days, the most during a...
Utility stocks are on fire — here are Wall Street analysts' top picks
Yahoo Finance· 4 days agoUtility stocks have turned into leaders recently, gaining more than 4% over the past five days to...
Here's Why Utility ETFs Are Scaling New Highs
Zacks via Yahoo Finance· 6 days agoThe utility sector, which tends to outperform when the economy is in a downturn, is making the most of the current volatility and uncertainty triggered...
