1 BTC
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iShares U.S. Consumer Focused ETF
As of May 30, 2026 at 10:05 UTC
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About iShares U.S. Consumer Focused ETF
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Latest News
5 articlesThe S&P 500 achieved its eighth consecutive weekly gain despite a hawkish Federal Reserve signaling potential rate hikes if inflation remains sticky. Markets now price in an 82% probability of a rate hike by year-end. While manufacturing PMI hit a 48-month high driven by AI infrastructure spending, consumer sentiment plummeted to a historic low of 44.8, creating a disconnect between record stock markets and depressed Main Street conditions. Nvidia delivered record earnings with $81.62B revenue and $91B Q2 guidance, along with an $80B buyback.
Sen. Elizabeth Warren criticized President Trump for discussing a $400 million White House ballroom renovation while gas prices have surged 27% amid escalating Iran conflict on day 19. The Middle East tensions have driven oil prices higher, with diesel exceeding $5 nationally and reaching $6.49 in California. California Governor Newsom also condemned rising gas prices, citing $1.5 billion in excess costs for Americans. Trump's counterterrorism official Joe Kent resigned in protest of the Iran war policy.