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

U.S. stocks fell on Monday due to rising Treasury yields and a stronger dollar, impacting risk sentiment. Despite the downturn, NVIDIA hit record highs. Boeing surged on a labor agreement and new orders, while Cigna fell on merger concerns.

Portfolio Pulse from Piero Cingari

October 21, 2024 | 5:27 pm

Major indexes are experiencing a downturn after last week's rise, influenced by Middle East tensions and election uncertainty. This volatility has increased gold prices, while healthcare and chip stocks have also been affected post-earnings.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 4:43 pm

Stocks rose on Friday, driven by strong earnings reports. Netflix hit record highs with a 10% surge, while gold miners rallied as gold prices reached new records. Oil prices fell below $70, and major indices like the Nasdaq 100 and S&P 500 saw gains. ETFs such as SPY, DIA, and QQQ also rose.

Portfolio Pulse from Piero Cingari

October 18, 2024 | 5:49 pm

The semiconductor sector led a market rally, with Nvidia reaching record highs and TSMC's strong earnings boosting tech sentiment. The iShares Semiconductor ETF rose 2.3%. Gold hit new highs despite rising Treasury yields. The U.S. dollar strengthened, and major indices saw mixed performances.

Portfolio Pulse from Piero Cingari

October 17, 2024 | 5:28 pm

Major indexes rose due to strong performance in chip stocks after TSM's earnings, an ECB rate cut, and better-than-expected US retail sales.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 1:49 pm

The Russell 2000 Index is nearing a technical breakout, potentially outperforming the S&P 500. Strong economic data and lower interest rates are boosting small-cap stocks, with the banking sector playing a key role. Major banks reported strong earnings, positively impacting regional banks within the Russell 2000.

Portfolio Pulse from Piero Cingari

October 16, 2024 | 5:53 pm

Small-cap stocks outperformed large caps, driven by expectations of interest rate cuts and a rally in regional banks. Morgan Stanley's strong earnings boosted its stock, while regional banks and airlines also saw significant gains. The tech sector lagged due to ASML's earnings shock. Major indices showed mixed performance.

Portfolio Pulse from Piero Cingari

October 16, 2024 | 5:44 pm

The stock market saw a decline due to weakness in chip stocks and health insurers. Charles Schwab's stock surged after reporting a 27% increase in client assets. Chinese stocks fell amid weak export data and uncertainty over continued stimulus.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 7:15 pm

ASML's earnings leak led to a significant drop in its stock and affected the semiconductor sector, with major players like NVIDIA and Arm Holdings also seeing declines. Energy stocks fell due to a drop in oil prices, while financials and small caps outperformed, driven by strong earnings from banks.

Portfolio Pulse from Piero Cingari

October 15, 2024 | 5:37 pm

The S&P 500 and Dow Jones Industrial Average hit record highs as investors anticipate key earnings reports. Bitcoin's rally boosts crypto stocks, while commodities decline. Notable stock movements include Vistra Corp., Wells Fargo, SoFi Technologies, and Upstart Holdings.

Portfolio Pulse from Piero Cingari

October 14, 2024 | 6:08 pm

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