NovaDius's Wealth Management president Nate Geraci and Renaissance Capital senior strategist Matt Kennedy sat down with Leslie Picker to discuss the record inflows of ETFs in July and why 2025 is slated to be another banner year for the industry.
The S&P 500 bounced back with a weekly gain of 2.4% and is now just inches off a new record high. Here is a snapshot of the index from the past week: The table below summarizes the number of record highs reached each year dating back to 2013.
There has been an improvement in Q2 '25 EPS and revenue growth rates expected by the end of September '25, and for Q3 '25 and Q4 '25 as well. The sell-side analysts keep underestimating consensus growth rates - and not by a little, either. The upside surprise for S&P 500 EPS is a whopping 8.8% as of Friday, August 8th, while revenue “upside surprise” is even more impressive at +2.8%.
REITs have outperformed the S&P 500 over the long run. I expect REITs to return to their lead over the coming years. I highlight specific REITs that are especially well-positioned.
Despite a sharp market selloff, U.S. equity ETFs drew $16.3B in inflows last week, led by SPY, IVV, VOO, QQQ and ARKK.
Earnings are due from AMD and Pfizer on Tuesday; new tariff deadline looms
If you want to know where U.S. stocks are headed, look to the Fed, advises Societe Generale.
“With Friday's close at 6,388, the index might be considered in ‘no-man's' land, with respect to the first area of support nearly 200 points below Friday's close.
Health insurers were among the biggest losers, while an investment management company came out on top.
As we head into August, the S&P 500 Index (SPX) is on a three-month win streak, gaining about 14% over that span.
The Paramount-Skydance deal could open the door for a membership change, but Robinhood and AppLovin may once again miss out on inclusion in the index.
U.S. and Chinese officials are due to convene in Stockholm for a second day of trade talks