A new exchange-traded fund is set to launch, offering investors a unique proposition of "100% downside protection" to the stock market, but with a few conditions.
U.S. stocks kicked off the week on a positive note, with all major averages edging higher in anticipation of significant events including earnings reports from tech giants like Amazon.com Inc. (NASDAQ:AMZN) on Tuesday and Apple Inc.
The Bank of Japan intervened to boost the weakening yen, causing it to recover 3% before falling to 156.80. This negatively impacted Japanese equities.
The recent slowdown in bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) inflows is a temporary pause, not a negative trend, according to a report by broker Bernstein.
Ark, which prides itself as an investor in disruptive innovation, increased its holdings of two AI plays and also resumed purchases of a Chinese EV stock.