Guggenheim expects Fed to cut rates about every quarter in 2025
Guggenheim Partners' chief investment officer forecast on Monday that the U.S.
Staff Writer
Guggenheim Partners' chief investment officer forecast on Monday that the U.S.
– 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
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
– 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
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
Inflows into exchange-traded funds (ETFs) tracking artificial intelligence (AI) companies have ebbed after their sharp run-up earlier this year, as investors fear
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
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
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
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
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
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
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.
An exchange-traded fund (ETF) that started trading on Thursday allows investors to leverage the higher volatility in emerging market equities by selling options.
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 are exiting exchange traded funds (ETFs) that track medical technology and device firms due to growing concerns over the impact new
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
Hedge fund crowding has hit its highest on record, as asset managers have upped their bets on the "Magnificent 7" tech stocks that have
An exchange-traded fund tracking artificial intelligence stocks saw investors pouring money after six straight weeks of outflows, on the backdrop of strong
Exchange-traded funds (ETFs) tracking U.S. retailers moved higher in shortened trading hours on Black Friday, outpacing broader market indexes.
Exchange-traded funds (ETFs) tracking U.S. retailers outpaced the broader stock market on Monday, with most posting gains amidst record holiday
Roundhill Investments announced the closure of its exchange-traded fund tracking the performance of meme stocks nearly two years after its launch,
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
Futures tracking Wall Street's main stock indexes advanced on Thursday as investors awaited a raft of economic data, including the producer
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
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