Latest news with #KristyAkullian
The Herald Scotland
12-07-2025
- Business
- The Herald Scotland
US stock futures lower after Trump slaps Canada with 35% tariff
Canada is the U.S.' second largest trading partner. It recently rescinded a digital services tax to get Trump back to the negotiating table over trade issues. Trump also told NBC News he is eyeing blanket tariffs of 15% to 20% on most trading partners, although exact levels are still being determined. The current blanket tariff rate is 10%. At 6:05 a.m. ET, futures tied to the blue-chip Dow fell -0.69%, while broad S&P 500 futures dropped -0.67% and tech-laden Nasdaq futures slipped -0.63%. The new tariff announcement comes after stocks shrugged off a 50% tariff on copper imports, effective Aug. 1, and a 50% tariff on Brazil. Instead, investors focused on positive corporate news, including better-than-expected results and outlook from Delta Air Lines. Its annual earnings outlook had been pulled in April due to tariff uncertainty but was reinstated as bookings stabilized. Delta's annual earnings per share guidance was lower than its forecast in January but higher than Wall Street's estimates, helping allay some fears about recent tariff chaos. The tech-laden Nasdaq and broad S&P 500 closed at record highs. "Going into second-quarter earnings season, stocks could get an added boost from low expectations," said Kristy Akullian, head of iShares investment strategy, Americas, at BlackRock. "Analyst forecasts have steadily fallen since the first-quarter in the face of policy uncertainty, meaning that consensus expectations of 3% year-over-year earnings growth for the S&P 500 could be a low bar compared to the 13% growth delivered in the first quarter." Corporate news Jeans maker Levi Strauss topped expectations with its second-quarter results and raised its full-year outlook above analysts' forecasts. It said it has been working to absorb additional tariff costs rather than pass them on to consumers. PriceSmart's quarterly results topped analysts' estimates. Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday.
Yahoo
07-07-2025
- Business
- Yahoo
2 diversifiers to consider as small caps 'continue to struggle'
Kristy Akullian, BlackRock head of iShares investment strategy, joins Market Domination Overtime with Josh Lipton to explain why she believes that international markets and developed markets are superior diversifiers to small-cap stocks. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. So hyperscalers, the big cloud giants, the mega trend of AI, Christie. Let me ask you, would you prefer here large cap, mid cap, small cap? Yeah, so right, you know, I think that within the US equity markets, we have a pretty strong preference for large cap. We like staying up in quality, we like being exposed to AI. But when we think about the portfolio as a whole, you know, you look to it to concentration to grow wealth and you look to diversification to protect wealth. Right now, what we're talking about a lot is really the ways to build more diversification into investor portfolios. And there we like international markets, we like developed markets as a better diversifier to your concentrated large cap US equity positions than something like small caps. Um, we think small caps are going to continue to struggle in a higher interest rate environment. We've seen the profitability profile of small caps continue to decline over the last several years. So we like DM equities, but like European equities, um, as both being lower volatility and lower correlation to US large caps as a way to build out that diversification. So IQLT is a great way to do that. The the quality factor internationally, um, is something that we have a lot of conviction in. So it's not just a a US story. We really do think that it's broadening out beyond that. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-07-2025
- Business
- Yahoo
This earning season's 'lower bar' is an opportunity for markets
Kristy Akullian, BlackRock head of iShares investment strategy, joins Market Domination Overtime with Josh Lipton to discuss the upcoming July 9 tariff deadline, how expectations have already been priced into markets, and what that means for the next earnings cycle. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
06-07-2025
- Business
- Yahoo
This earning season's 'lower bar' is an opportunity for markets
Kristy Akullian, BlackRock head of iShares investment strategy, joins Market Domination Overtime with Josh Lipton to discuss the upcoming July 9 tariff deadline, how expectations have already been priced into markets, and what that means for the next earnings cycle. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Underweight Long End of Curve: BlackRock's Akullian
BlackRock head of iShares Investment Strategy Kristy Akullian says they remain underweight the long end of the yield curve and like the short end. In an interview with Scarlet Fu and Eric Balchunas she says we're going to continue to see international investors allocate to the US but maybe see more of an impulse to hedge that exposure. Sign in to access your portfolio
