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IWM

iShares Russell 2000 ETF

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

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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.

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US stocks rallied on Thursday as the Dow Jones hit record highs, driven by better-than-expected GDP growth. Nvidia's stock fell over 3% due to unimpressive revenue projections, while other semiconductor stocks and ETFs like iShares Semiconductor ETF gained. Major indices and ETFs, including SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series, saw positive movements.

Portfolio Pulse from Piero Cingari

August 29, 2024 | 5:34 pm

Major indexes are rising due to positive US economic data, with investors also evaluating earnings reports in the tech and retail sectors.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 4:15 pm

The U.S. economy showed strong growth with a 3% GDP increase in Q2, boosting the U.S. dollar, oil prices, and tech stocks. Defensive assets like bonds and the yen fell as expectations for large rate cuts eased.

Portfolio Pulse from Piero Cingari

August 29, 2024 | 2:21 pm

The upcoming PCE inflation report, a key indicator for the Federal Reserve, is expected to show a slight increase in inflation rates for July. This report could influence market expectations for a rate cut in September. A higher-than-expected report may boost the U.S. dollar and Treasury yields, while a lower-than-expected report could benefit equities.

Portfolio Pulse from Piero Cingari

August 29, 2024 | 12:28 pm

US stocks and chipmakers fell on Wednesday as traders were cautious ahead of Nvidia's earnings report. The iShares Semiconductor ETF dropped 2%, and Super Micro Computer plunged 26% due to filing delays and a short-seller report. Berkshire Hathaway reached a $1 trillion valuation.

Portfolio Pulse from Piero Cingari

August 28, 2024 | 4:53 pm

Major indexes are experiencing a downturn following recent gains, influenced by NVIDIA's weakness ahead of its earnings report and a decline in semiconductor stocks due to SMCI's 10-K delay.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 4:39 pm

Wall Street showed mixed performance as investors await key events, including Nvidia's earnings and a crucial inflation report. Cruise lines rallied, while oil prices and energy stocks fell. Notable stock movements included Paramount Global's decline and CAVA Group's drop due to insider selling.

Portfolio Pulse from Piero Cingari

August 27, 2024 | 5:40 pm

Kevin Dreyer from Gabelli Funds suggests that small cap stocks, particularly those in the Russell 2000 index, are trading at a significant discount compared to large caps and are poised for a strong rally. This shift is attributed to the Federal Reserve's anticipated interest rate cuts. ETFs like iShares Russell 2000 ETF (IWM), Vanguard Russell 2000 ETF (VTWO), and Avantis U.S Small Cap Equity ETF (AVSC) are highlighted as ways to gain exposure to small caps.

Portfolio Pulse from Surbhi Jain

August 26, 2024 | 8:07 pm

The Dow Jones reached record highs amid geopolitical tensions, while tech stocks, especially semiconductors, fell. Oil prices surged due to Middle East tensions, impacting markets. PDD Holdings dropped 29% on weak results, while Petrobras rose 6% after an upgrade.

Portfolio Pulse from Piero Cingari

August 26, 2024 | 5:30 pm

Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts, causing the dollar to plunge and gold to rally. Small-cap stocks, real estate, and regional banks surged, with the iShares Russell 2000 ETF (IWM) up 3.4% and the SPDR S&P 500 ETF Trust (SPY) rising 1.3%. Defense and cybersecurity stocks like Boeing (BA), Lockheed Martin (LMT), and Palo Alto Networks (PANW) are expected to perform well regardless of political outcomes. Meanwhile, Ford (F), General Motors (GM), and Stellantis (STLA) are scaling back EV investments due to weakening demand.

Portfolio Pulse from Piero Cingari

August 23, 2024 | 7:54 pm

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