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Yahoo
06-08-2025
- Business
- Yahoo
U.S. Equity ETF Demand Surged Last Week Despite Market Selloff
ETFs across various categories raked in $25 billion in capital last week. Investor appetite was broad-based. U.S. equity ETFs led the way with $16.3 billion in inflows. U.S. fixed income ETFs attracted $4.3 billion in capital while international equity ETFs saw $3.5 billion in inflows. iShares Core S&P 500 ETF IVV, SPDR S&P 500 ETF Trust SPY, Vanguard S&P 500 ETF VOO, Invesco QQQ Trust QQQ and ARK Innovation ETF ARKK dominated the top creation list last three major indices posted losses last week with more than 2% declines. A weaker-than-expected jobs report and Trump's new tariffs fueled the economy added just 73,000 jobs in July, well below the 104,000 expected. Job gains for the prior two months were revised sharply lower by a combined 258,000, and the unemployment rate ticked up to 4.2%. Manufacturing activity contracted, factory hiring fell to its lowest level since 2020, and consumer confidence weakened. The sluggish performance in the services sector, coupled with a decline in new orders, further fueled concerns about a potential economic slowdown or even a recession. The combination of weak data has raised the odds for the Federal Reserve to lower interest rates when it next meets in September (read: Should You Ignore Soft Jobs Data & Bet On Wall Street ETFs?). Meanwhile, President Trump issued new executive orders announcing tariffs on dozens of countries, raising the U.S. effective tariff rate to 18%, the highest since the 1930s. The tariffs are set to take effect on Aug.???7, affecting imports from roughly 70 nations, spooking investors due to trade disruption have detailed the ETFs Core S&P 500 ETF (IVV)iShares Core S&P 500 ETF is the top asset creator, pulling in $4.7 billion in capital. It tracks the S&P 500 Index and holds 503 stocks in its basket, with each accounting for no more than 8.2% of the assets. iShares Core S&P 500 ETF is heavy on the information technology sector, while financials and consumer discretionary round off its next two spots with a double-digit allocation each. iShares Core S&P 500 ETF charges investors 3 bps in annual fees and trades in an average daily volume of 4.7 million shares. It has an AUM of $633 billion and a Zacks ETF Rank #1 (Strong Buy) with a Medium risk S&P 500 ETF Trust (SPY)SPDR S&P 500 ETF Trust has pulled in $4.7 billion in capital. It tracks the S&P 500 Index and holds 503 stocks in its basket, with each accounting for no more than 7.8% of the assets. SPDR S&P 500 ETF Trust is heavy on the information technology sector with a 33.9% share, whereas financials and consumer discretionary round off the next two spots with a double-digit allocation each. SPDR S&P 500 ETF Trust charges investors 9 bps in annual fees and trades in an average daily volume of 71 million shares. It has an AUM of $639.7 billion and a Zacks ETF Rank #2 (Buy) with a Medium risk outlook (read: ETFs in Focus as S&P 500 Hits Record Highs in a V-Shaped Recovery).Vanguard S&P 500 ETF (VOO)Vanguard S&P 500 ETF has gathered $1.8 billion in its asset base. It tracks the S&P 500 Index and holds 505 stocks in its basket, each accounting for no more than 7.3% of the assets. Vanguard S&P 500 ETF is heavy on the information technology sector, while financials and consumer discretionary round off the next two spots with a double-digit allocation each. Vanguard S&P 500 ETF charges investors 3 bps in annual fees. It has an AUM of $700.4 billion and trades in an average daily volume of 5.6 million shares. VOO sports a Zacks ETF Rank #1 (Strong Buy) with a Medium risk QQQ Trust (QQQ)Invesco QQQ Trust raked in $1.1 billion in capital. It provides exposure to the 101 largest domestic and international non-financial companies listed on the Nasdaq by tracking the Nasdaq 100 Index. Invesco QQQ is one of the largest and most popular ETFs in the large-cap space, with an AUM of $354 billion and an average daily volume of 43.2 million shares. QQQ charges investors 20 bps in annual fees and has a Zacks ETF Rank #1 with a Medium risk outlook (read: Tech ETFs at the Forefront of the Market Rebound on Monday).ARK Innovation ETF (ARKK) ARK Innovation ETF has gathered $913.6 million in its asset base. It is an actively managed fund investing in companies that benefit from the development of products or services, technological improvements, and advancements in scientific research related to the areas of DNA technologies and genomic revolution, automation, robotics, energy storage, artificial intelligence, next-generation Internet and Fintech innovation. In total, the fund holds 42 securities in its basket. ARK Innovation ETF has gathered $7 billion in its asset base and charges 75 bps in fees per year from investors. It trades in an average daily volume of 12 million shares. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco QQQ (QQQ): ETF Research Reports SPDR S&P 500 ETF (SPY): ETF Research Reports Vanguard S&P 500 ETF (VOO): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports ARK Innovation ETF (ARKK): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
08-07-2025
- Business
- Yahoo
S&P 500 ETFs Up 6% This Year: What Lies Ahead?
Optimism about the S&P 500 is rising among Wall Street's analysts. One notable figure, Brian Belski, Chief Investment Strategist at BMO Capital Markets, said in late June that the index has much more room to climb this year, as quoted on Yahoo Finance. Goldman Sachs now has raised its return forecasts for the S&P 500 over the next three, six, and 12 months, driven by expectations of U.S. interest rate cuts and the continued strength of large-cap companies, as quoted on Reuters. S&P 500 ETFs like iShares Core S&P 500 ETF IVV, SPDR S&P 500 ETF Trust SPY and Vanguard S&P 500 ETF VOO added about 6.2% so far this year. The bank now anticipates a 3% gain over the next three months, targeting a level of 6,400. For the six-month horizon, it projects a 6% increase, raising its year-end target to 6,600 from the previously estimated 6,100. Over the next 12 months, Goldman sees an 11% rise, with the S&P 500 expected to reach 6,900. The analysts of Goldman attributed the upgrades to several key factors: expectations of earlier and more significant Federal Reserve rate cuts, lower bond yields than previously forecast, and persistent strength in large-cap fundamentals. Additionally, they noted that investors appear willing to look past likely short-term earnings softness. As a result, Goldman revised its forward price-to-earnings (P/E) ratio forecast for the index to 22 times, up from 20.4 times. Recent strength in the U.S. labor market has supported broader investor confidence, helping push Wall Street to record highs last week. This comes after a market pullback in April, following former President Donald Trump's 'Liberation Day' tariff announcements. However, optimism has returned amid hopes for trade deals and potential Fed easing. Goldman noted that recent inflation data and corporate surveys have shown less tariff pass-through than previously expected. Still, they believe the impact of tariffs will unfold gradually, with large-cap firms somewhat shielded in the near term by inventory buffers. Despite these evolving dynamics, Goldman Sachs has maintained its earnings-per-share (EPS) growth forecasts for the S&P 500 at +7% for both 2025 and 2026. While confident in these figures for now, analysts acknowledged that risks remain on both the upside and downside. They plan to reassess their projections following the second-quarter earnings season. Total S&P 500 earnings for the June quarter are expected to be up +5.0% from the same period last year on +4.0% higher revenues. Negative revisions to Q2 estimates have stabilized in recent weeks. We expect stronger S&P 500 gains ahead. With Q2 earnings projected to rise +5.0% on +4.0% revenue growth and estimate revisions stabilizing, confidence in near-term market resilience is growing—though risks remain. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR S&P 500 ETF (SPY): ETF Research Reports Vanguard S&P 500 ETF (VOO): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research 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
24-06-2025
- Business
- Yahoo
Markets Unfazed by Geopolitical Tensions: ETFs to Consider
U.S. involvement in the Israel-Iran conflict was expected to be a major geopolitical turning point. On the contrary, following U.S. strikes on Iranian nuclear facilities, investors and markets have remained largely composed, whereas normally, such events would trigger a rush into safe-haven assets. Markets have reacted far less aggressively to the U.S. strikes, especially when compared to Israel's strikes on Iran just over a week ago. Even though the latest development in the conflict is significant, industry experts agree that they do not pose a systemic threat to global markets. According to Dan Ives, managing director at Wedbush, the escalating conflict in the Middle East is expected to be isolated to the region, while making the region more stable as the nuclear threat is neutralized, as quoted on CNBC. According to strategists at Morgan Stanley, as quoted on Yahoo Finance, market selloffs triggered by geopolitical events tend to be short-lived. Per Morgan Stanley, past geopolitical risk events have triggered short-term volatility in equities, but historically, the S&P 500 has posted average gains of 2% after one month, 3% after three months and 9% after a year following such events. In response to U.S. strikes, Iran has limited options, one of which includes the potential closure of the Strait of Hormuz. According to Iranian state media, as quoted on CNBC, Iran's parliament approved the closure of the Strait of Hormuz. This would not be an ideal scenario for the global economy as oil prices would rise sharply and drive broader inflation. However, this remains highly unlikely. According to CNBC, the threat to shut down the Strait of Hormuz has been a recurring element of Iran's rhetoric, but it has never been carried out, with experts saying it remains an unlikely scenario. Investors can consider increasing their exposure to funds tracking major indexes like the S&P 500, providing them with the growth potential of the market, as well as diversifying their portfolio. According to Morgan Stanley strategists, a weaker dollar and improving earnings growth are supporting U.S. markets, as quoted on Yahoo Finance. In such an economic environment, investors should keep a long-term investment horizon and look past short-term market fluctuations. Investors can consider Vanguard S&P 500 ETF VOO, SPDR S&P 500 ETF Trust SPY, iShares Core S&P 500 ETF IVV, SPDR Portfolio S&P 500 ETF SPLG and Invesco S&P 500 Equal Weight ETF RSP. VOO, SPY and IVV are among the largest funds in the United States, with VOO having the largest asset base of $681.56 billion, followed by SPY and IVV, with an asset base of $604.78 billion and $574.05 billion, respectively. Both VOO and IVV are the cheapest options and more suitable for long-term investing, charging 0.03%, and sporting a Zacks ETF Rank #1 (Strong Buy). With a one-month average trading volume of about 73.88 million shares, SPY is the most liquid option, offering investors easier entry and exit while minimizing the risk of significant price fluctuations, ideal for active trading strategies. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR S&P 500 ETF (SPY): ETF Research Reports Vanguard S&P 500 ETF (VOO): ETF Research Reports Invesco S&P 500 Equal Weight ETF (RSP): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports SPDR Portfolio S&P 500 ETF (SPLG): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research 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
11-06-2025
- Business
- Yahoo
S&P 500 ETFs Near Record Highs: More Upside in Store?
After a period of volatility earlier this year, Wall Street appears to be shifting into a risk-on mode, with the S&P 500 sitting just 2% shy of the record high of 6,144.15 set on Feb. 19. Optimism around U.S.-China trade negotiations, easing inflation and resilient corporate earnings fueled the three ultra-popular ETFs tracking the index — Vanguard S&P 500 ETF VOO, SPDR S&P 500 ETF Trust SPY and iShares Core S&P 500 ETF IVV — are also trading near record highs. But is this rally sustainable, or are headwinds waiting just around the corner? Markets have staged an impressive recovery over the past two months, reversing steep losses that brought the S&P 500 within striking distance of a bear market in April. Since bottoming out at 4,982.77 on April 8, the index has rebounded over 20%, driven by Trump's softened stance on tariffs and a measured approach to trade negotiations.'Markets have moved higher on tariff postponement and the perception that they will be more moderate than initially announced,' noted Richard Saperstein, CIO at Treasury Partners. Still, he cautioned that 'headline sensitivity' remains high, with volatility likely to persist as trade talks evolve. Despite geopolitical uncertainty and macro headwinds, corporate America delivered better-than-expected first-quarter 2025 earnings. The tech sector, particularly heavyweights like NVIDIA NVDA, Microsoft MSFT and Meta META, has shown robust revenue growth, fueled by AI adoption and cloud expansion (read: ETFs Poised to Win in the MSFT vs. NVDA Market Cap Battle). The AI craze and capital expenditure into high-performance computing, semiconductors and software continue to rise. If this trend holds, it could lead to further upside for the broader S&P 500. A growing number of Wall Street strategists are turning increasingly bullish on equities, signaling renewed confidence in the market's trajectory through the second half of 2025. Several firms raised their S&P 500 year-end targets to the 6,300-6,500 range over the past month. Citi is the latest strategist to get more bullish on the S&P 500. Its analyst lifted the year-end target for the benchmark index to 6,300, citing "renewed confidence in the AI-related opportunity" and "improved earnings growth expectations" headed into next year. Deutsche Bank last week boosted its target to 6,550, while JPMorgan revised its target to 6,000 from 5,200. Goldman Sachs lifted the year-end forecast to 6,100 and UBS to 6,000. The target price for the S&P 500 at Barclays is now 6,050. Several strategists, including Morgan Stanley, Goldman Sachs, and Citi, believe the worst-case scenarios tied to macroeconomic uncertainty, including tariff escalations and labor market deterioration, may have already played out or are being priced in. Both VOO and IVV have a Zacks ETF Rank #1 (Strong Buy) and SPY has a Zacks ETF Rank #2 (Buy), suggesting their outperformance to continue in the weeks ahead. While the current momentum is encouraging, ongoing uncertainties around trade policies and economic indicators suggest that volatility may persist. Concerns around Trump's proposed tax-and-spending mega bill and its long-term implications on the federal deficit are clouding the fiscal outlook (read: What's Next for S&P 500 ETFs? History and Valuation Offer Clues). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports Vanguard S&P 500 ETF (VOO): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports Meta Platforms, Inc. (META) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
03-06-2025
- Business
- Yahoo
S&P 500 Wraps Up Best May Since 1990: 5 Top Stocks in the ETF
Wall Street recorded a historically strong May with the S&P 500 posting its best May performance since 1990, rising over 6% in the month, its biggest monthly gain since November 2023. The rally defied the traditional "Sell in May and Go Away" adage, driven by easing trade tensions, robust corporate earnings, and renewed investor optimism (read: 5 Sector ETFs That Beat the Market in May).SPDR S&P 500 ETF Trust SPY, the proxy version of the S&P 500 Index, has gained 6.3% over the past month. While many stocks in the ETF have performed well, we have highlighted five stocks that have gained more than 25% over the past month. These include NRG Energy Inc. NRG, Seagate Technology STX, Constellation Energy Corporation CEG, Insulet Corporation PODD and Microchip Technology Inc. growing geopolitical risks and mixed economic signals, investor sentiment remained resilient throughout May. Let's take a closer look at the key drivers behind the market rally: The stock rally was brought in by the comeback in the tech stocks due to strong earnings and investor confidence in AI-driven growth. After the initial shock of the tariffs, there were signs of de-escalation. Last month, the United States temporarily slashed tariffs on Chinese goods from 145% to 30%, while China will lower its retaliatory duties on U.S. goods from 125% to 10%. The temporary reduction in rates will run for 90 days. Meanwhile, Trump also postponed the implementation of a 50% tariff increase on all EU products, from June 1 to July 9. With this, the trade negotiations between the two countries have accelerated (read: EU-US Trade Deal Hopes to Boost These ETFs). Additionally, the U.S. Court of International Trade (CIT) blocked much of Trump's existing tariff policy, citing legal concerns. The ruling provided a short-lived boost to equities as the rally faded after a federal appeals court paused the CIT's decision, prolonging uncertainty over the legal future of the administration's 'Liberation Day' tariffs. The recent economic data showed that the Federal Reserve's preferred inflation measure cooled more than expected in April. April jobs data showed that the U.S. labor market remained resilient amid the tariff chaos. The economy added better-than-expected 177,000 jobs while the unemployment rate held steady at 4.2%, providing further assurance about the economy's a notable slowdown in consumer spending raised concerns about the underlying strength of the take a closer look at the fundamentals of SPY and the stocks behind this rally. SPDR S&P 500 ETF Trust holds 503 stocks in its basket, with each accounting for no more than 7% of the assets. This suggests a nice balance across each security and prevents heavy concentration. The fund is widely spread across sectors, with information technology, financials and consumer discretionary accounting for a double-digit allocation each. SPDR S&P 500 ETF Trust has an AUM of $603.5 billion and charges 9 bps in fees per year. It trades in an average daily volume of 68 million shares and has a Zacks ETF Rank #2 (Buy) with a Medium risk outlook (see: all the Large Cap Blend ETFs here). NRG Energy is engaged in the production, sale and delivery of energy and energy products and services to residential, industrial as well as commercial consumers in major competitive power markets in the United States. The stock saw a solid earnings estimate revision of 19 cents over the past month for this year and has an estimated growth of 10.54%. NRG Energy soared about 36% in the past month and has a Zacks Rank #3 (Hold). Seagate Technology is a leading provider of data storage technology and infrastructure solutions. The company's primary product offering is hard disk drives, which are commonly referred to as disk drives, hard drives or HDDs. The stock saw a positive earnings estimate revision of 8 cents over the past month for the fiscal year (June 2025) and has an estimated growth of 516.3%. Seagate Technology jumped about 28% in a month and has a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks Energy provides electric power, natural gas and energy management services to 2 million customers across the continental United States. The stock gained 26.8% in a month and saw a negative earnings estimate revision of 7 cents for this year during the same time frame. Constellation Energy has an expected earnings growth rate of 9% for this year and a Zacks Rank #3. Insulet is a leading developer, manufacturer and marketer of the Omnipod Insulin Management System. The stock has risen 26.5% and saw a positive earnings estimate revision of 3 cents over the past month for this year, with an estimated growth rate of 33%. Insulet carries a Zacks Rank # Technology develops and manufactures microcontrollers, memory and analog and interface products for embedded control systems, which are small, low-power computers designed to perform specific tasks. The stock has gained more than 25% in a month and saw a solid earnings estimate revision of 19 cents for the fiscal year (ending March 2026). Its earnings are expected to break even this fiscal year. Microchip Technology has a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NRG Energy, Inc. (NRG) : Free Stock Analysis Report Constellation Energy Corporation (CEG) : Free Stock Analysis Report Seagate Technology Holdings PLC (STX) : Free Stock Analysis Report Microchip Technology Incorporated (MCHP) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports Insulet Corporation (PODD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
