Voo ETF News

Technology companies led a broad rally for stocks on Wall Street Wednesday, pushing the market further into the green for the week. The S&P500 index rose 1.5 per cent, the Dow Jones Industrial Average gained 0.9 per cent and the tech-heavy Nasdaq composite rose 2.1 per cent. Nifty futures on the Singapore Exchange traded 45 points, or 0.26 per cent, higher at 17,529, signaling that Dalal Street was headed for a positive start on Thursday.

WASHINGTON/LONDON : World stocks rallied yesterday, with Wall Street rising again on a Big Tech boost and European shares gaining on strong earnings as investors put aside worries about rising interest rates for now. The benchmark 10-year US Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global markets and boosting demand for growth stocks. The S&P 500 and the Nasdaq Composite jumped more than 1% as tech stocks extended their rally. The Dow Jones Industrial Average rose 0.86% to end at 35,768.06 points, while the S&P 500 gained 1.45% to 4,587.18. The Nasdaq Composite climbed 2.08% to 14,490.37. Earlier in the day, MSCI''s broadest index of Asia-Pacific shares outside Japan rose 1.8% to a more than two-week high and the blue-chip Nikkei closed just over 1% higher. Hong Kong jumped more than 2% thanks to a 6.8% surge in market heavyweight Alibaba after Japan''s SoftBank allayed fears it was planning to offload some of its huge holdings in the e-commerce giant.

The S&P 500 rose and government-bond yields fell following a recent climb, potentially easing some pressure on technology shares.

Assurant Inc. jumped 7% on Wednesday in the stock''s strongest performance since Aug. 5, 2020 when it rallied 14.2%. The New York-based insurance carrier on Tuesday lifted its outlook for earnings before interest, taxes, depreciation and amortization (Ebitda) and beat Wall Street''s earnings view. For 2022, Assurant said it expects Ebitda growth of 8% to 10%. Analysts at Truist Securities said Wednesday the forecast implies an Ebitda range of about $1.20 billion to $1.22 billion, ahead of its estimate of $1.18 billion. Fourth-quarter earnings totaled $2.47 a share, ahead of the Wall Street estimate of $2.30 a share in a survey of analysts by FactSet. Truist reiterated its buy rating on Assurant. Assurant stock is up 22.7% in the past 12 months, compared to a gain of 17.1% by the S&P 500 over the same period. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

It''s companies with high profitability levels and valuations lower than the S&P 500s forward price-to-earnings ratio of about 20.

S&P 500 Rallies as Rebound in Meta Bolsters Tech

VOO has an incredibly low expense ratio of 0.03%.

European indices have erased opening gains to turn red now on the session, posting slight losses. The Eurostoxx is down 0.1%, the DAX down 0.1%, and CAC 40 down 0.2% currently. Meanwhile, US futures are also retreating with S&P 500 futures down 0.2%, Dow futures down 0.3%, and Nasdaq futures down 0.

Toyota Motor''s stock rose by 7.2% in the last twenty-one trading days. In comparison, the broader S&P500 index fell by 4.3% over the same period. The stock has seen growth in

The macro highlight of the week will be Thursday''s release of US January CPI while investors assess the geopolitical risk largely Ukraine-related. A

Asian stocks dipped Monday amid intensifying bets on Federal Reserve interest-rate hikes that are also weighing on bonds. Shares in Japan, Australia and South Korea retreated, while S&P 500 and Nasdaq 100 futures edged lower.

Week of 1/31 - The S&P continued to rally to near the 2/02 close, reaching very close to a .618 retracement of the entire move down in January. From t

Bridgewater Touts Chinese Assets As PBOC Diverges By Ye Xie, Bloomberg Markets Live commentator and analyst Three things we learned last week: 1. There was a new wave of bond-market carnage. When mainland Chinese investors return from the Lunar New Year holiday, they will be greeted by what was a renewed selloff in the global fixed-income market. The European Central Bank became the latest to turn hawkish, opening the door for rate hikes this year. The pivot trigged some dramatic bond moves. Both German and Japanese five-year yields climbed above zero on Friday for the first time in years. In the U.S., a stronger-than-expected jobs report Friday prompted traders to boost bets on a 50bp rate increase in March. In contrast, Chinas policy makers are firmly in easing mode, thanks to tamed inflation. In its 2022 outlook published last week, Bridgewater Associates touted Chinese assets, while sounding the alarm about risky assets in developed markets. Chinese assets remain attractive relative to cash , because bond yields still have room to fall, inflation remains relatively low, and policy makers face pressure to ease, the outlook said. The differences in conditions versus the West create a high likelihood of continued diversification, it said. 2.

Wall Street stocks rebounded on Friday after Amazons strong results revitalized investor confidence. The nonfarm payrolls number far exceeded market expectations, underscoring a strong economic re