ETFs Archives - Spark Newswire

2 minute read

Swiss Firm Pando Asset AG Joins Bitcoin ETF Race, Seeks Nasdaq Listing For Crypto Security

Yesterday, 7:49 PM

Pando Asset AG, an asset management company based in Switzerland, has submitted an application for a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF), as indicated in a Wednesday filing.

2 minute read

Fed’s Favorite Inflation Gauge Arrives Thursday: Will Data Bolster Bets On 2024 Interest Rate Cuts? Plus: 5 ETFs To Watch

By Piero Cingari

Yesterday, 4:57 PM

The Bureau of Economic Analysis will release the PCE index, an inflation indicator closely watched by the Federal Reserve, on Thursday. Economists forecast a 3% year-on-year increase and a 0.1% month-over-month rise.

AAPL

2 minute read

Fed Beige Book Reveals Economic Slowdown Amid Rising Consumer Price Sensitivity

By Piero Cingari

Yesterday, 3:14 PM

Fed's Beige Book report shows consumers becoming more price sensitive and the economic outlook for the next six to 12 months is diminishing.

DIA

3 minute read

Stocks Drift Higher On Stronger GDP Data, Oil Rebounds As OPEC+ Mulls Cuts: What’s Driving Markets Wednesday?

By Piero Cingari

Yesterday, 1:59 PM

Stocks are experiencing their 16th green session out of the 20 so far in November, with the S&P 500 index reaching its highest level since early August, and the Nasdaq 100 just 4.4% below its all-time highs set in November 2021.

BILI

2 minute read

Cathie Wood’s ARK Innovation ETF Achieves 35% Gain In November, Its Best Month Since Inception

By Piero Cingari

Yesterday, 1:32 PM

The ARK Innovation ETF (NYSE:ARKK), managed by renowned investor Cathie Wood, has posted remarkable gains in November, making it the fund’s best-performing month since its launch in 2014.

ARKF

2 minute read

Big-Tech Rally Continues: S&P 500 Could Return 11% In 2024

By Neil Dennis

Yesterday, 1:19 PM

The S&P 500 index could return 11% in 2024, analysts predict. DataTrek co-founder Nicholas Colas suggests investing in the Russell 3,000.

AAPL

2 minute read

10 High-Yield CDs With APYs Above 5% Offer Savers Superior Returns Over Treasuries

By Piero Cingari

Yesterday, 12:13 PM

CD rates have surged due to Fed rate increases, with Bankrate's avg 1-year APY at 5.27%. CDs now more lucrative than government bonds or ETFs like SHY.

SHY

2 minute read

November Rally Sets Treasury Bonds On Track For Best Month In 40 Years

By Neil Dennis

Yesterday, 10:47 AM

Growing optimism that the Fed's next move will be a rate cut fuels bond rally.

AGG

2 minute read

Israel-Hamas War, Day 54: Less Than 24 Hours Available To Extend The Truce As Negotiations Enter ‘Pragmatic’ Phase

By Piero Cingari

Yesterday, 10:01 AM

Israel & Hamas discussing possibility of extending Gaza truce before fighting resumes. US sending humanitarian aid & Biden & Blinken urge end to fighting. Israeli shekel strengthens & domestic stocks rise. Hamas invited Elon Musk to witness violence.

EIS

2 minute read

US GDP Growth In Q3 Tops Expectations, Highest Since Q4 2021

By Piero Cingari

Yesterday, 9:41 AM

US economy displayed robust growth in Q3 2023, surpassing estimates with 5.2% annualized GDP growth. Private inventory investment, consumer spending, and exports all contributed to the growth.

UTEN