MoMo Productions/DigitalVision via Getty Images Stocks have launched higher in April. Optimism for a diplomatic resolution to the war in Iran, along with overall lower equity valuations, has brought about buyers in a big way. The rally isn’t as powerful as the one a year ago, but many stock market indices are very close to all-time highs. That includes U.S. microcaps. Back in July 2025 , I had a "...
MoMo Productions/DigitalVision via Getty Images Stocks have launched higher in April. Optimism for a diplomatic resolution to the war in Iran, along with overall lower equity valuations, has brought about buyers in a big way. The rally isn’t as powerful as the one a year ago, but many stock market indices are very close to all-time highs. That includes U.S. microcaps. Back in July 2025 , I had a "H old" rating on the iShares Micro-Cap ETF ( IWC ). Shares broke out above a key technical resistance point I noted then, and the fund has returned 29%, total return, in the past 9 months. Today, I’m upgrading IWC to a "B uy." I see its low valuation paired with a bullish chart. Macro risks are apparent, but overall cautiousness among the investor community is likely a bullish factor heading into mid-year. IWC Microcaps Leading YoY Stockcharts.com More Bears Than Bulls Recently AAII According to the issuer , IWC seeks to track the investment results of an index composed of micro-capitalization U.S. equities. It offers investors exposure to very small public U.S. companies and can be used to diversify a U.S. stock allocation and seek long-term growth in your portfolio. IWC is a small ETF, with just $1.3 billion in assets under management as of April 8, 2026. That’s up from $853 million at the time of my previous analysis. Its annual expense ratio is moderate at 60 basis points, while the trailing 12-month dividend yield is low at 1.0%. I’d note that the fund paid out a record cumulative dividend in 2025. Share-price momentum is very strong right now, earning the product an A- ETF Grade in that category by Seeking Alpha’s quantitative scoring system. That has been a consistent rating for the last six months. What’s more, the recent rally to above the 50-day moving average is encouraging. Just a modest rally over the rest of the month could result in a record high. From a risk perspective , IWC actually scores well. I’d call out, though, that its historical standard deviation ...
A US judge in Washington ruled on Thursday that the Pentagon is hampering journalists in defiance of a court order that required it to restore access to credentialed reporters covering the seat of US military power. US District Judge Paul Friedman said the Defence Department must comply with his earlier order that sided with The New York Times newspaper and other news organisations challenging ...
A US judge in Washington ruled on Thursday that the Pentagon is hampering journalists in defiance of a court order that required it to restore access to credentialed reporters covering the seat of US military power. US District Judge Paul Friedman said the Defence Department must comply with his earlier order that sided with The New York Times newspaper and other news organisations challenging restrictions imposed on them last year. “The Department cannot simply reinstate an unlawful policy...
blinow61/iStock Editorial via Getty Images Shell ( SHEL ) plans to begin natural gas production by mid-2027 from the Loran-Manatee offshore field, which crosses the border of Venezuela and Trinidad and Tobago, the chairman of Trinidad's National Gas Company told Reuters on Thursday. Shell ( SHEL ) told National Gas Company it is seeking to produce first gas from the joint field next year and has ...
blinow61/iStock Editorial via Getty Images Shell ( SHEL ) plans to begin natural gas production by mid-2027 from the Loran-Manatee offshore field, which crosses the border of Venezuela and Trinidad and Tobago, the chairman of Trinidad's National Gas Company told Reuters on Thursday. Shell ( SHEL ) told National Gas Company it is seeking to produce first gas from the joint field next year and has increased the capacity of the pipeline that will transport the gas to Trinidad to 1B cf/day from the originally planned 700M cf/day, Gerald Ramdeen said. The company has been in advanced talks to participate in Loran, the Venezuelan side of the field, and could choose to develop it as a unified project alongside Manatee, whose planning on Trinidad's side has progressed in recent years. Shell ( SHEL ) told Reuters that it expects to begin production at Manatee next year, but it has not taken any final investment decision on Loran, which holds 7.3 Tcf of gas reserves, compared to Manatee's estimated reserves of 2.7 Tcf. Ramdeen also said the prospect of additional gas supplies, combined with geopolitical concerns from the Middle East war, had prompted National Gas Company to push for the restart of the first liquefaction train of the Atlantic LNG project, which was mothballed years ago. "We have told the partners that we think there is a need to restart Train 1 because of the geopolitical uncertainty and access to additional gas," Ramdeen said, adding that a final decision has not been made on the project, which is owns 45% each by Shell ( SHEL ) and BP ( BP ), while NGC holds the remaining 10%. More on Shell Shell's Earnings Still Tied To Oil, Not Growth Why Shell Is A Short-Term Trade Now (Rating Downgrade) Shell: Defensive Play In An Uncertain Energy Market
The wheat complex was weaker on Thursday, following an increased stocks number from USDA. Chicago SRW futures saw losses of 4 ¾ to 7 ¼ cents at the close. KC HRW futures were down 4 ¾ to 8 ¼ cents on the session. MPLS spring wheat was down 4 ¾...
The wheat complex was weaker on Thursday, following an increased stocks number from USDA. Chicago SRW futures saw losses of 4 ¾ to 7 ¼ cents at the close. KC HRW futures were down 4 ¾ to 8 ¼ cents on the session. MPLS spring wheat was down 4 ¾...
Soybeans posted gains of ¼ to 4 cents on Thursday, led by the front months. The cmdtyView national average Cash Bean price was up 3 3/4 cents at $10.97 1/2. Soymeal futures were up $1 to $3.50 on the day, with Soy Oil futures up 28 to 39 points on...
Soybeans posted gains of ¼ to 4 cents on Thursday, led by the front months. The cmdtyView national average Cash Bean price was up 3 3/4 cents at $10.97 1/2. Soymeal futures were up $1 to $3.50 on the day, with Soy Oil futures up 28 to 39 points on...
Live cattle futures posted gains of 77 cent to $1.27 at the Thursday close. Cash trade saw some light trade at $246 in the South, steady to up $1 from last week. The Thursday morning Central Stockyards Fed Cattle Exchange online auction saw $244-244.50 bids, though no sales on the...
Live cattle futures posted gains of 77 cent to $1.27 at the Thursday close. Cash trade saw some light trade at $246 in the South, steady to up $1 from last week. The Thursday morning Central Stockyards Fed Cattle Exchange online auction saw $244-244.50 bids, though no sales on the...
Lean hog futures saw front month April up 47 cents ahead of next week’s expiration, as other contracts were down 25 to 77 cents. USDA’s national base hog price was reported at $89.92 on Thursday afternoon. The CME Lean Hog Index was back up 24 cents on April 7 at...
Lean hog futures saw front month April up 47 cents ahead of next week’s expiration, as other contracts were down 25 to 77 cents. USDA’s national base hog price was reported at $89.92 on Thursday afternoon. The CME Lean Hog Index was back up 24 cents on April 7 at...
Corn futures saw losses on Thursday, with contracts down 1 ½ to 3 ¼ cents. The CmdtyView national average Cash Corn price was down 3 cents at $4.05 1/2. Crude oil was back up $4.06 on Thursday. South Korean importers purchased 136,000 MT of corn in tenders overnight, following the...
Corn futures saw losses on Thursday, with contracts down 1 ½ to 3 ¼ cents. The CmdtyView national average Cash Corn price was down 3 cents at $4.05 1/2. Crude oil was back up $4.06 on Thursday. South Korean importers purchased 136,000 MT of corn in tenders overnight, following the...
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching as stocks extended their relief rally, and what's on the radar for the next session. A strong week for markets The major averages closed higher on Thursday. The S & P 500 is up 3....
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching as stocks extended their relief rally, and what's on the radar for the next session. A strong week for markets The major averages closed higher on Thursday. The S & P 500 is up 3.7% since Monday. It's riding a seven-day win streak, its longest since October. The Nasdaq Composite is up 4.3% this week. It's also up seven days in a row, its best run since August 2024. The Dow gained 3.6% since Monday. Thursday's gains brought it into positive territory for the year. .SPX 5D mountain The S & P 500 in the past five days March CPI due Friday morning The much-watched inflation gauge will capture the moves in oil and other commodities since the start of the Iran war. Economists polled by Dow Jones are expecting the consumer price index rose 3.3% from a year ago. Excluding food and energy prices, they're expecting a 2.7% gain. West Texas Intermediate crude traded above $100 per barrel on Thursday, but it settled more than 3% higher at $97.87 a barrel. It's up 46% since the start of the war, while Brent is up about 33% The S & P Materials sector is the best performing group in the past month, up 3.8% S & P Energy is in second place, up 2.5% Software glitching The iShares Expanded Tech-Software Sector ETF (IGV) was one big laggard in Thursday's market, down about 4% and hitting a 52-week low. The rollout of Anthropic's latest Claude Mythos platform weighed heavily on the group. Among the big laggards today was Zscaler , down 11.3%; Rubrik , down 10.6% and Circle Internet , down 9.9% IGV 5D mountain The iShares Expanded Tech-Software Sector ETF in the past five trading days Intel's win streak Don't look now, but long-lagging Intel is riding a seven-day win streak, its longest since September 2023. The stock is up nearly 40% already in April. It closed at its hi...