U.S. households’ stock allocations hit an all-time high in 2024’s first quarter as technology stocks have propelled the SPDR S&P 500 ETF Trust ( SPY ) and the NASDAQ Invesco QQQ ETF to all-time highs. The Data: According to data from the Federal Reserve Bank of St. Louis, household financial asset allocations in the corporate equities market hit an all-time...

Markets are expecting the neutral rate — a theoretical rate that remains stable due to full employment and stable inflation — to stay higher than policymakers are forecasting. What does this mean for bond exchange-traded funds? A higher neutral rate may limit the Federal Reserve’s ability to cut interest rates, possibly causing headwinds for bonds, Bloomberg reports. Forward contracts on...

* FTSE 100 0.5%, FTSE 250 adds 0.6% * Prudential plans $2 bln share buyback; shares rise * Britvic ( BTVCF ) up after PepsiCo ( PEP ) to waive a change of control clause (Updated at 1550 GMT) By Purvi Agarwal and Pranav Kashyap June 24 (Reuters) - London stocks kicked off the week on a positive note, driven...

11:15 AM EDT, 06/24/2024 (MT Newswires) -- Nutrien's ( NTR ) shares rose 1% over the past week as fertilizer prices continued to be mixed, RBC Capital Markets said in a note over the weekend. RBC said fertilizer equities are firmly in the summer doldrums with limited interest while fertilizer prices continue to trade mixed and crop prices declined. Phosphate...