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Today: January 22, 2025
Today: January 22, 2025
Bansari Mayur Kamdar

Bansari Mayur Kamdar

Staff Writer

Latest From Bansari Mayur Kamdar

Business|Economy|Europe|Finance|Stock Markets|US

Guggenheim expects Fed to cut rates about every quarter in 2025

Guggenheim Partners' chief investment officer forecast on Monday that the U.S.

Guggenheim expects Fed to cut rates about every quarter in 2025
Uncategorized

Wall Street gives up gains as pop from July inflation data fizzles

– Wall Street’s main indexes gave up early gains to trade mostly flat on Thursday, as initial optimism over milder-than-feared inflation data gave way to longer-term concerns about the state of the U.S. economy and whether stocks had much room to run. Data showed headline and core consumer prices both climbed by 0.2% in July, with the headline number notching annual rise of 3.2% and core up 4.7%. In the first hour of trading, the three benchmark indexes advanced more than 1% as traders bet the U.S. Federal Reserve would stop further

Wall Street gives up gains as pop from July inflation data fizzles
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Futures subdued as investors await producer inflation data

U.S. stock index futures were subdued on Friday as investors awaited producer prices data that could offer more clarity on the Federal Reserve’s rate hike path. Benchmark U.S. indexes finished marginally higher in the previous session as worries about the U.S. economy’s longer-term prospects and concerns over further growth in stocks eclipsed milder-than-feared consumer prices data that had initially sent shares soaring. Investors are now focused on the producer prices data due at 8:30 a.m ET that will offer more insight into inflation in the world’s largest economy. U.S. Labor Department’s

Futures subdued as investors await producer inflation data
Uncategorized

Wall St slides as growth stocks fall after producer prices data

– Wall Street fell on Friday as rate-sensitive technology and growth stocks dropped after hotter-than-expected producer prices data for July sent U.S. bond yields higher. U.S. producer price index (PPI) climbed 0.8% in the 12 months leading to July, up from a 0.2% rise in the previous month, as service costs increased. Economists polled by Refinitiv had expected a 0.7% gain. “The PPI data shows that inflation is still a concern,” said Adam Sarhan, chief executive of 50 Park Investments. Though traders broadly expect the Federal Reserve to not tighten credit

Wall St slides as growth stocks fall after producer prices data
Business|Finance|Stock Markets|US

Retail investors flock to bond ETFs in third quarter as prices slide

Investors continued piling into exchange-traded funds (ETFs) that track U.S. government debt in the third quarter, with retail investor flows hitting their highest

Retail investors flock to bond ETFs in third quarter as prices slide
Business|Finance|Stock Markets|Technology

Flows into AI funds wane as US rate worries weigh

Inflows into exchange-traded funds (ETFs) tracking artificial intelligence (AI) companies have ebbed after their sharp run-up earlier this year, as investors fear

Flows into AI funds wane as US rate worries weigh
Business|Finance|Stock Markets|US

Bumpy September for auto ETFs as UAW strike, higher rates weigh

Exchange-traded funds tracking automakers saw net outflows last month on worries over the United Auto Workers' (UAW) strike against the "Detroit Three" and higher

Bumpy September for auto ETFs as UAW strike, higher rates weigh
Business|Economy|Finance|Stock Markets|US

U.S. bank ETFs suffer sharp outflows ahead of results

Exchange-traded funds tracking U.S. banks saw significant outflows since the start of October and ahead of earnings as investors took money off the table fearing

U.S. bank ETFs suffer sharp outflows ahead of results
Finance|MidEast|Stock Markets

Biggest Israel ETF suffers sharp outflows in wake of conflict

The iShares MSCI Israel exchange-traded fund (EIS) suffered substantial outflows this week after its price hit a three-year low as clashes between Israel and the

Biggest Israel ETF suffers sharp outflows in wake of conflict
Business|Finance|Stock Markets|Technology

Dip buyers flock to Tesla Bull ETF amid stock selloff

Investors piled into a leveraged exchange traded fund that bet on upside in Tesla's shares as the company's stock price sank following a weaker-than-expected

Dip buyers flock to Tesla Bull ETF amid stock selloff
Business|Finance|Stock Markets|US

Analysis-ETF debuts set to break 2021 record as active-fund issues jump

Issuance of new exchange-traded funds (ETFs) in the U.S. marketplace is on track to hit a record high in 2023, as asset managers rush to launch

Analysis-ETF debuts set to break 2021 record as active-fund issues jump
Business|Finance|Stock Markets|Technology|US

Bullish fund tied to Nvidia top performing ETF so far this year

An exchange traded fund (ETF) tied to high-flying shares of U.S. chipmaker Nvidia Corp is the top-performing ETF so far this year, as the frenzy around artificial

Bullish fund tied to Nvidia top performing ETF so far this year
Business|Finance|US

Pot ETFs tumble, erasing earlier rally as US legalization hopes dim

After a dizzying rally in September, exchange-traded funds tracking cannabis stocks have fallen to earth on fading hopes over pot legalization in the United States.

Pot ETFs tumble, erasing earlier rally as US legalization hopes dim
Business|Economy|Finance|Stock Markets

Global X launches options ETF for volatile emerging markets

An exchange-traded fund (ETF) that started trading on Thursday allows investors to leverage the higher volatility in emerging market equities by selling options.

Global X launches options ETF for volatile emerging markets
Business|Economy|Finance|US

Investors pull record sums from Saudi in Middle East fund flight

Foreign investors pulled a record amount of money from U.S. equity funds tracking Saudi Arabia in October as the Middle East's worst

Investors pull record sums from Saudi in Middle East fund flight
Finance|Health|Technology

Medtech ETF outflows top $500 million since August on Wegovy worries

Investors are exiting exchange traded funds (ETFs) that track medical technology and device firms due to growing concerns over the impact new

Medtech ETF outflows top $500 million since August on Wegovy worries
Europe|Finance|Stock Markets|US

Investors pump over $600 million into defense funds as geopolitical tensions rise

Investors piled into exchange-traded funds tracking defense companies since October in anticipation of increased military budgets in the U.S. and Europe due to

Investors pump over $600 million into defense funds as geopolitical tensions rise
Business|Finance|Stock Markets|Technology

'Magnificent 7' bets drive hedge fund crowding to record high -Goldman Sachs

Hedge fund crowding has hit its highest on record, as asset managers have upped their bets on the "Magnificent 7" tech stocks that have

'Magnificent 7' bets drive hedge fund crowding to record high -Goldman Sachs
Business|Finance|Technology

Investors flock back to AI fund on rate cut hopes, Nvidia results

An exchange-traded fund tracking artificial intelligence stocks saw investors pouring money after six straight weeks of outflows, on the backdrop of strong

Investors flock back to AI fund on rate cut hopes, Nvidia results
Business|Finance|Stock Markets|US

US retail ETFs deliver solid Black Friday gains

Exchange-traded funds (ETFs) tracking U.S. retailers moved higher in shortened trading hours on Black Friday, outpacing broader market indexes.

US retail ETFs deliver solid Black Friday gains
Business|Finance|Stock Markets|US

Most US retail ETFs extend gains on record holiday shopping sales

Exchange-traded funds (ETFs) tracking U.S. retailers outpaced the broader stock market on Monday, with most posting gains amidst record holiday

Most US retail ETFs extend gains on record holiday shopping sales
Business|Finance|Stock Markets

Roundhill to shut MEME ETF due to flagging investor interest

Roundhill Investments announced the closure of its exchange-traded fund tracking the performance of meme stocks nearly two years after its launch,

Roundhill to shut MEME ETF due to flagging investor interest
Business|Finance|Stock Markets|Technology

Inflows into bullish Nvidia ETF hit record on AI frenzy

Investors have piled into Nvidia-focused exchange-traded funds (ETFs) this year on the frenzy around AI, with inflows into a bullish fund that tracks the shares of

Inflows into bullish Nvidia ETF hit record on AI frenzy
Business|Economy|Finance|Stock Markets

Futures rise in run-up to inflation figures, retail sales data

Futures tracking Wall Street's main stock indexes advanced on Thursday as investors awaited a raft of economic data, including the producer

Futures rise in run-up to inflation figures, retail sales data
Economy|Finance|Stock Markets|US

Democratic ETF outpaces Republican peer on Big Tech bets

An exchange-traded fund that follows the stock trades of Democratic lawmakers has seen sharp gains since its launch last year, outperforming a Republican-oriented

Democratic ETF outpaces Republican peer on Big Tech bets

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