FMAT

What's in Store for Materials ETFs in Q2 Earnings?

Sherwin-Williams Paints A Rosy Picture: Q2 Profit Soars Amid Sales Challenges

Sherwin-Williams Company reported second-quarter FY24 revenue rose 0.5% Y/Y to $6.27 billion. The company reported adjusted earnings per share of $3.70, beating the Wall Street view of $2.88. Sherwin- Williams raised 2024 adjusted EPS guidance to $11.40.

Weekly Report: what happened at FMAT last week (0715-0719)?

Basic Materials Jumps Up Growth Rankings, But Firms Continue To Cut Employment

Financials strongest overall performer, but job cuts persist. Basic Materials Jumps Up Growth Rankings, But Firms Continue To Cut Employment. S&P Global PMI sector data signalled a strong performance from the Financials sector in June. The Basic Materials sector shot up to the third-best performing sector midway through 2024.

Should You Invest in the Fidelity MSCI Materials Index ETF (FMAT)?

Weekly Report: what happened at FMAT last week (0708-0712)?

Q3 2024 Equity Market Outlook

Home Market Outlook Today's Market Q3 2024 Equity Market Outlook: Neuberger Berman 2.93K Followers. We expect further corporate earnings growth across sectors, fueled by rising household net worth and a global industrial rebound. We recommend overweighting technology, communications and consumer discretionary stocks.

Hedge funds pick up the pace buying commodity-sensitive stocks

Energy Hedge funds pick up the pace buying commodity-sensitive stocks. Goldman Sachs: Energy and Materials were among the most net bought sectors on the US Prime book this week. Hedge funds bought energy and materials stocks at the fastest pace in five months, Goldman Sachs says. The Materials long/short ration is well below the historical average.