The market closed down today with the Dow Jones ending down 0.35% at 30,068.81. The NASDAQ closed down 1.94% to finish at 12,338.95 and the S&P 500 closed down 0.79% to finish at 3,672.82. There are questions regarding the potential for a stimulus out of Washington as well as the antitrust lawsuit against Facebook, which
ETFS
The U.S Exchange Traded Funds market has been a buzz of activities as investors eye broader market exposure to counter the exacerbated volatility levels. The uncertainty triggered by the COVID-19 pandemic has seen most investors turn to ETFs to diversify investment portfolios. ETFs For IPOs Likewise, the Initial Public market has also been heating up
The market closed on a high note today with the three main markets in New York closing up. The Dow Jones closed up 0.35% at 30,173.88. The NASDAQ closed up 0.50% at 12,582.77 and the S&P 500 closed up 0.28% at 3,702.25. STOXX Europe also rose today by 0.25% to close at 393.81. The
If you’ve been fortunate enough to work in a place that offers a 401(k) you should consider yourself lucky. It appears that many companies are going to end that perk, if they haven’t ended it already. Posts of it on job searching boards like those on Glassdoor or on Social Media show that there is
We are into the final month of this crazy year of 2020, one that many people will be glad is over and hope that 2021 will be much better. If you’re an investor though you may have already had a pretty decent year after the drop off in the spring. Considering how the coronavirus pandemic
Investors are increasingly pilling into risky ETFs as the stock market rally shows no signs of slowing down. Capital inflows into leveraged and inverse ETFs have been on a roll ever since the stock market bottomed out from the March crash. The ETFs have raked close to $16.3 billion and on course to surpass the
In a time when no news is bad news over the long term for investments it’s getting difficult for observers and analysts to think that major risk is going to cause a downturn. During Tuesday’s session the DOw Jones Industrial Average was noted for cracking the 30,000 point range, it’s 25th record close of the
U.S stocks and ETFs are under pressure despite starting the week on a roll on the confirmation of a Moderna coronavirus vaccine that is 95% effective. A fall in drug store stocks and lackluster economic data, owing to the COVID-19 disruptions, is taking a toll on sentiments in the ETF marketplace. ETF-Stocks Sell-off Major stock
Hopes of a faster economic recovery are the catalyst behind U.S treasury yields’ recent spike. The rebound hopes have been affirmed by Moderna unveiling a COVID-19 vaccine that is 95% effective. Even as U.S Treasury yields show signs of edging higher, Chinese Bonds remain under pressure. Treasury Yield Rally The Yield on the 10-year Treasury
The exchange-traded fund landscape has seen a spike in capital inflows as investors pursue diversified investments given the elevated volatility levels in the capital markets. In recent days, the focus has been on ETF providing exposure to Pfizer Inc. (NYSE:PFE), a company that is closing in on regulatory approval of a much-needed COVID-19 vaccine. A
One of the leaders in forecasting currencies, Deutsche Bank, has taken the information known so far about the election and changed the forecast of the United States Dollar in this tight presidential election as the new Congress is looking to be in legislative gridlock for the next term. The move is in a positive direction
The Exchange Traded Fund marketplace has been a buzz of activities in recent months as investors resort to diversifying their investment portfolio ahead of the U.S presidential elections. Capital inflows into ETFs have edged higher with strong inflows underscoring appetite for diversified investments. ETF Boom The first traded fund in Singapore, CSOP Asset Management, has
One of the co-founders of the legendary Quantum Fund made statements about how the next bear market will likely be the worst in almost 80 years, asd that younger investors will be the ones hurt the most. That would be Jim Rogers, the 78 year old co-founder of that fund with George Soros is reiterating
Weakness and uncertainty in the bond market has seen an influx in investments to Exchange Traded Funds. Capital inflows into ETFs built on environmental, social, and governance has been on the rise, reaching record highs amid the economic slowdown fuelled by the pandemic. ESG ETF Capital Inflows Inflows into ESG ETFs have already clocked record
The need for diversification is becoming a key theme, given the elevated volatility levels in the equity markets. Likewise, Exchange Traded Funds continue to offer a way out of the current dilemma as investors look to gain access to a broad pool of investments. Pacer ETFs Soaring AUM Pacer ETFs, a renowned provider of strategy-driven
The Exchange Traded Fund market has been heating up, in-line with the bullish momentum in the overall stock market. Investors are increasingly investing in this asset class to gain a broader exposure to the market as well as diversify investment portfolios. Disruptive exchange-traded fund, GraniteShares has since been named as the best commodity ETF issuer
The stock market had a better day today than the previous days, even coming in above the best days of the week so far. The Dow Jones closed today at 28,303.46, up 530.7 points from the day before. The NASDAQ closed at 11,364.6, up 210 points from the day before and the S&P 500 closed
Climate change is not a facade but an issue that could hurt countries finances if necessary measures are not taken. Investment firm BlackRock has unveiled a new sovereign bond ETF that weight’s countries based on their level of risk to climate change. The new ETF comes amid growing calls for the fund industry to do
Demand for fixed income exchange-traded funds has been on the rise as investors look to diversify their investment portfolios, given the uncertainties triggered by COVID-19. ETF funds have been cropping up as fund managers look to provide investors ideal investment tools for gaining exposure in the broader stock market. Likewise, Bloomberg is poised to become
The NASDAQ and Brazilian fund manager Hashdex have reached an agreement for the launch of the first-ever Bitcoin Exchange Traded funds. The Bitcoin ETF will go live and trade on the Bermuda stock exchange as the two looks to leverage the nation’s crypto-friendly regulations. It was impossible to launch the ETF in the U.S as
The ETF market has been heating up as investors continue to diversify their portfolios amid the uncertainty that continues to grip the global economy and the stock market. A good number of ETFs have performed well on stocks rallying to record highs on shrugging the shocks triggered by the COVID-19 pandemic. iShares U.S Material Outperformance
The Exchange Traded Fund marketplace has been on a roll in 2020 on investors seeking diversified exposure to a volatile stock market, hit hard by the COVID-19 pandemic. Things are not expected to cool any time soon, with companies posting impressive results amid the pandemic shocks. Oracle Corporation (NYSE: ORCL) reaching an agreement that will
Exchange-Traded Funds have performed exceedingly well as extreme levels of volatility and uncertainty forced investors to pursue diversified exposure in the market. Building up with the ETF frenzy, a new Cannabis ETF has hit the market as the need to provide investors with diversified exposure to the burgeoning segment continues to heat up. Pure U.S
The Exchange Traded Fund market has been a buzz of activity in 2020 in the wake of the Federal Reserve cutting interest rates to record lows. Investors have continued to shun yields in favor of ETFs that continue to provide broad exposure to a stock market that shows no signs of slowing down, clocking record
Bitcoin is one of the best performing alternative asset classes giving the stock market a race for its money. A 30% plus rally since the start of the year attests to strong demand for the flagship cryptocurrency that is increasingly arousing institutional investors’ interest. Buoyed by the digital asset strong demand, Fidelity Investment is reportedly
Exchange-traded funds (ETFs) track benchmark indices. Although not all assets under management belong to the index, about 95% of them are selected directly from the index. ETFs are more like mutual funds, but the difference being that investors can easily buy ETFs off an exchange. Often, ETFs present a strong case for investment because of
Chinese tech stocks are rallying, following in the footsteps of their counterparts in the U.S that are trading at record highs on shrugging COVID-19 concerns. While solid earnings have been a key driver of U.S tech stocks, in China, it is the relaxation of IPO tech rules that appears to be fuelling a buying spree
Investments in Exchange Traded Funds have skyrocketed in recent months as value investors shy away from individual stocks that appear expensive and overstretched in the market. With most counters near the peak, the risk of incurring significant losses is pretty high on the market reversing. ETFs appear to be offering a safer approach for gaining
The markets went for a mid-week rally Wednesday, with the Dow Jones closing up 1.05%, the Nasdaq climbed 2.13%, while the S&P 500 gained 1.4%, but fell just shy of hitting a record close. The European Stoxx 600 rose 1.11%. Facebook, Apple and Amazon enjoyed climbs of 1.4%, 3.3% and 2.6% Wednesday, while Netflix and
Mutual funds are under immense pressure, now, more than ever. Capital outflows have increased significantly amid concerns of disappointing performance and high management fees. Investors are increasingly turning to Exchange Traded Funds. The result has been a spike in the number of Mutual Funds converting into Exchange Traded Funds. Mutual Fund – ETF Conversion While