Streetbeat News

IWM

iShares Russell 2000 ETF

https://www.ishares.com/us/products/239710/ishares-russell-2000-etf

Industry

Asset Management

The fund generally invests at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index (i.e., depositary receipts representing securities of the underlying index) and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents.

Open

232.22

Mkt cap

66B

Volume

38M

High

232.29

P/E Ratio

14.57

52-wk high

242.39

Low

227.81

Div yield

0.01

52-wk low

176.91

The market is experiencing selling pressure as the recent rally pauses, indicating potential profit-taking. Investors are watching to see if this is a healthy market digestion or a sign of an imminent correction.

Portfolio Pulse from

November 15, 2024 | 6:30 pm

Following Donald Trump's victory in the 2024 U.S. presidential election, Wall Street's main indexes and stocks like Palantir and NVIDIA reached record highs. Investors are optimistic about Trump's pro-business policies, despite concerns about tariffs and deficits.

Portfolio Pulse from

November 07, 2024 | 12:30 pm

Following the U.S. presidential election, the Russell 2000 index, which tracks small-cap stocks, is experiencing a surge. This is seen as a result of Donald Trump's election as President, with investors focusing on cyclical stocks.

Portfolio Pulse from

November 06, 2024 | 4:30 pm

Tech stocks surged on Friday, led by Amazon's strong earnings, but the S&P 500 is set for a second weekly decline. Amazon shares rose over 6%, boosting the tech sector. The Nasdaq 100 outperformed the S&P 500. Economic data showed weak job growth, but the unemployment rate remained steady. Major ETFs like SPY, DIA, and QQQ saw gains, while XLY outperformed and XLU lagged. Notable stock movers included Apple, Intel, and Atlassian.

Portfolio Pulse from Piero Cingari

November 01, 2024 | 6:01 pm

U.S. stocks rebounded after a hiring slump in October increased expectations for Federal Reserve interest rate cuts. The SPDR S&P 500 ETF Trust (SPY), Invesco QQQ Trust (QQQ), iShares Russell 2000 ETF (IWM), and other ETFs saw gains. Amazon's earnings boosted the Consumer Discretionary Select Sector SPDR Fund (XLY).

Portfolio Pulse from Piero Cingari

November 01, 2024 | 2:17 pm

Major indexes are rebounding after recent declines. Intel and Amazon shares rose following their earnings reports, while payroll data was weaker than expected.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 2:12 pm

Major indexes are experiencing a downturn as large and mega-cap stocks decline following quarterly earnings reports. Investors are also considering the impact of the upcoming US presidential election and macroeconomic uncertainties.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 5:42 pm

Tech stocks led a market downturn as Microsoft and Meta's earnings forecasts disappointed investors, causing major indices to drop. Microsoft fell over 5% due to slower Azure growth forecasts, while Meta declined over 4% due to projected capital expenditure increases. The Nasdaq 100 and S&P 500 experienced significant losses, and crypto-related stocks like Coinbase also suffered. ETFs tracking these indices, such as QQQ and SPY, mirrored these declines.

Portfolio Pulse from Piero Cingari

October 31, 2024 | 5:19 pm

Wall Street had a mixed session with AMD shares dropping 10% after disappointing earnings, affecting the semiconductor sector. Alphabet shares rose over 5% on strong earnings. SMCI plummeted 33% due to auditor resignation. Economic data showed strong job growth but slower GDP growth.

Portfolio Pulse from Piero Cingari

October 30, 2024 | 5:35 pm

Tech stocks rose as investors anticipated earnings from major companies like Alphabet and AMD. The Nasdaq 100 gained 0.7%, while the S&P 500 remained stable. Gold hit record highs, and Bitcoin neared its all-time high. Treasury yields climbed amid fiscal concerns.

Portfolio Pulse from Piero Cingari

October 29, 2024 | 5:54 pm

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