President Trump and China's Ministry of Commerce have both confirmed (limited) details of a new trade agreement in the past 24 hours, encouraging investors.
With the first half of 2025 in the books, it's been a Very interesting six months — emphasis on “V” because the S&P 500 saw a nice V-shaped formation following the April sell-off. As markets always reveal, interesting times call for interesting ETF trends to follow.
The S&P 500 is within 1% of hitting a new all-time high as markets prepare to open for trading Thursday.
This article will be updated throughout the day, so check back often for more daily updates.
President Trump advised that Israel and Iran have called a ceasefire in their two-week-old war, easing fears of an oil supply crisis.
Vanguard S&P 500 ETF is a core U.S. equity allocation, offering broad S&P 500 exposure at ultra-low cost, but no Alpha generation. iShares U.S. Thematic Rotation Active ETF, an actively managed ETF, has outperformed VOO since inception by focusing on growth and thematic rotation, justifying its higher fee. THRO carries higher risk and lower yield, but its Sharpe and Sortino ratios show investors are compensated for the added volatility.
Israeli warplanes launched a preemptive attack on Iranian military and nuclear targets last night.
Echoing yesterday's modest increase in the consumer price index, today's report shows the producer price index also rising just 0.1% in May.
VOO remains a solid evergreen investment for a 10-year horizon, but current elevated valuations and concentration risks warrant caution. While not alarmingly overcrowded, the S&P 500's high P/E and Mag 7 concentration increase the odds of stagnation or correction after a long bull run. VOO's passive approach and resilience make it preferable to riskier funds like QQQ, but now is the time for prudent portfolio rebalancing.
I am upgrading the S&P 500 ETF to a buy, as animal spirits return and macroeconomic fears subside. Forward earnings estimates for the S&P 500 have hit new highs, supporting further upside despite elevated valuations. Economic data is improving, recession odds are plunging, and consumer sentiment is rebounding, all bullish for equities.
Space station builder Voyager Technologies is set to IPO on the NYSE at a share price of $26 or higher.
Trade representatives from the U.S. and China are meeting in China this week. Export licenses for Chinese rare earth magnets to the U.S.