Fed's Preferred Inflation Gauge Rose 2.8%, as Expected
February's monthly inflation rate cooled from January and rose less than analysts had expected.
February's monthly inflation rate cooled from January and rose less than analysts had expected.
In this article, we discuss 10 best India ETFs. If you want to skip our detailed discussion on the Indian economy, head directly to 5 Best India ETFs For 2024. India’s economy saw its fastest growth in a year and a half at the end of 2023, fueled by strong activity in manufacturing and construction. […]
New global office demand data from VTS forecasts that New York City will hit 30 million square feet of office leasing in 2024. VTS Co-Founder & Chief Strategy Officer Ryan Masiello joins Market Domination Overtime to discuss commercial real estate trends and what they suggest for the broader market. Masiello signals that New York represents a market where the headlines do not meet the reality of what is happening on the ground: the city has led office demand recovery since the onset of the pandemic, he claims. The VTS co-founder explains that the firm's modeling looks across 13 billion square feet of office space managed on the VTS platform. According to this data, Masiello says San Francisco's office demand is showing signs of resilience, though the tech sector is 60% behind its pre-COVID office capacity. If interest rates come down, "tech companies can start growing again," Masiello adds. With the shift to hybrid and virtual labor, office footprints have shrunk only by about 6% from pre-COVID levels, Masielo says. Such work policies aren't impacting the size of companies' office footprints, he adds. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. Editor's Note: This article was written by Gabriel Roy.
The University of Michigan's Consumer Sentiment Index beat March expectations with a reading of 79.4, surpassing predictions of 76.5. This figure marks the highest level since July 2021, indicating a resurgence in consumer confidence. Additionally, pending home sales data released Thursday morning beat February estimates with a 1.6% month-over-month increase versus the 1.5% expected. The rise in pending home sales is attributed to more individuals entering the workforce and increased inventory levels in the housing market. Yahoo Finance's Seana Smith and Madison Mills break down the details, analyzing how markets (^DJI, ^IXIC, ^GSPC, ^RUT) are digesting these numbers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Energy stocks are the biggest winners this month as oil prices push higher. It's a sign the market rally is broadening beyond just Big Tech.
Here are the daily ETF fund flows for March 27, 2024.
Energy stocks popped in March, with the Energy Select Sector SPDR Fund (XLE) up about 11% for the month. The stocks have benefited from the rise in oil prices (CL=F, BZ=F), which have been fueled by concerns about supply, especially after Russia ordered output cuts. Yahoo Finance's Ines Ferré breaks down what's happening in the sector. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich.
Wall Street is set to wrap up the first quarter with strong gains. The gains were broad-based and well spread out across various segments.
How to choose funds that will make money is a primary goal for many investors, but how should one go about selecting funds? This article shares three steps for selecting fund investments, which I believe are fundamental principles when starting the fund selection process. These steps aim to provide some criteria for consideration, helping you make judgments that suit your needs when choosing funds.
The S&P 500 has had a remarkable run over the past five months, chalking up a 25% gain. But contrary to feelings that things have risen too quickly, history says that strength begets strength.