John Hancock High Yield ETF Price & Performance (JHHY)

Lennar Corporation's stock rating was downgraded by an analyst due to valuation concerns and risks associated with the Millrose Properties spin-off. The price target was reduced to $141 from $152, reflecting a cautious outlook amid a challenging housing market. Shares fell 3.12% to $121.32 on Tuesday.1

The Michigan Consumer Sentiment Index dropped to 57.9 in March, marking its lowest point since November 2022. This 10.5% decline highlights increasing consumer pessimism amid inflationary pressures and economic uncertainty. The sharp drop signals potential challenges for consumer-driven sectors in the near term.2

The 10-year Treasury yield ended March 14 at 4.31%, while the 2-year yield closed at 4.02%. The inverted yield curve, a potential recession indicator, persists. Historically, such inversions have preceded economic downturns, raising concerns about the U.S. economy's trajectory.3