SPDR S&P 500 ETF Trust poised to become first ETF to reach half a trillion dollars in assets under management (AUM), driven by robust market performance & unprecedented inflows from investors.
One of the hottest investment topics of 2024 is likely to be whether Elon Musk's SpaceX will spin off its Starlink satellite launch services business - an IPO that would likely garner massive support.
The traditional 60/40 investment portfolio recorded 13% growth in 2023, its third-best year since 2008. Investors ponder if favorable conditions in H2 of 2023 will continue in 2024.
On Wednesday, Cathie Wood-led Ark Invest made a significant move in the cryptocurrency space, purchasing over $92 million worth of ProShares Bitcoin Strategy ETF (NYSE:BITO).
The U.S. stock market experienced a quiet day on Wednesday, with major indices showing minimal movement amid typical year-end low volume activity. The S&P 500 hovered around 4,777 points, remaining less than one percentage point from its recent all-time highs.
The REIT sector is set to experience a significant surge in 2024 driven by declining interest rates, improving credit markets and evolving Office REIT dynamics.