S&P 500 ends wild week nearly 1% lower as tech keeps bleeding, eyes turn to Fed

Walmart Canada Boosts Wages for 40,000 Workers: Details

Walmart Canada raised the hourly wage earlier this month for approximately 40,000 store associates. The wage hike is part of Walmart Canada’s broader strategy to develop talent and modernize work processes. Walmart Canada has invested in digital handheld devices for store associates to enhance customer service.

PCE June 2024: Consistent With Soft Landing

Real PCE for June 2024 increased by +0.22%, slightly above the median forecast. Personal spending accelerated in June, but remains below average on a 3-month basis. Prospects for a soft landing are reasonably good, based on inflation and consumer spending data. The Fed can afford to remain patient on rate cuts.

Walmart Considers $200M Bet On Self-Driving Forklifts To Boost Automation

Walmart Inc is likely to invest $200 million in self-driving forklifts to automate more of its warehouse operations. The world's largest retailer plans to buy potentially hundreds of autonomous forklifted from Fox Robotics. The move is part of Walmart's strategy to compete with Amazon.

BofA’s Suttmeier: Rotation is the lifeblood of the bull market

BofA’s Suttmeier: Rotation is the lifeblood of the bull market. Only information technology and communication services are beating the S&P 500 in the first half of the year. Month-to-date returns for July showed positive absolute returns for all 11 sectors.

Here's What to Expect From Molson Coors Beverage's Next Earnings Report

Molson Coors Beverage Company (TAP) is expected to announce its fiscal second-quarter earnings for 2024 before the market opens on Aug. 6. The company manufactures, markets, and sells beer and other malt beverage products. TAP stock has significantly underperformed the S&P 500’s 19.2% gains over the past 52 weeks.

Here's What to Expect From Clorox's Next Earnings Report

The Clorox Company (CLX) is expected to unveil its fiscal Q4 earnings results after the market closes on Thursday, Aug. 1. The company has consistently surpassed Wall Street's earnings projections over the last four quarters. The consumer products giant's stock has dropped 6.5% on a YTD basis.

What to Expect From Altria Group's Next Quarterly Earnings Report

Altria Group, Inc. (MO) is a leading manufacturer and seller of smokeable and oral tobacco products in the U.S. MO stock has outperformed the S&P 500’s 13.2% gains on a YTD basis. The leading tobacco manufacturer is expected to announce its fiscal second-quarter earnings for 2024 before the market opens on Wednesday.

Worried About Tech Selloff? ETF Strategies to Play

Sector rankings to consider with a market rotation underway

Financials Tech Energy Consumer Sector rankings to consider with a market rotation underway. A stock market rotation has been seen in recent weeks. Seeking Alpha polled 1,000 subscribers on the strongest and weakest sectors of the market in July. The graphic below reflects the dominant responses for each sector.

Here's What to Expect From Bunge Global’s Next Earnings Report

Bunge Global SA (BG) is scheduled to announce its fiscal Q2 earnings results before the market opens on Wednesday, Jul. 31. The company is renowned for its grain trading, oilseed processing, and food production solutions. BG stock is up 11% on a YTD basis.

Should You Invest in the Vanguard Consumer Staples ETF (VDC)?

Procter & Gamble and Colgate-Palmolive lost their bull ratings at Jefferies ahead of earnings

Albemarle is out of Wells Fargo’s Signature Picks

Albemarle is out of Wells Fargo’s Signature Picks. The portfolio has a year-to-date performance of 19.5%, outperforming the S&P 500. The company generated a -63% total return in the portfolio since February 2023.

Has An Age-Old Relationship Changed?

XLP, COST, WMT, MDLZ: Large Inflows Detected at ETF

Sector Update: Consumer Stocks Flat to Higher Pre-Bell Tuesday

The Best Tech And Energy Stocks Should Remain Strong

Navigate 2024 Tax Plans With Strategic ETF Investments

SPY bags $9.88B inflows despite worst weekly performance in three months

SPY bags $9.88B inflows despite worst weekly performance in three months. The 11 S&P 500 sectors recorded a net inflow of $2.67B last week. Industrial Select Sector SPDR Fund (XLI) recorded the highest inflow.