|Day's Range||2,763.91 - 2,774.86|
|52 Week Range||2,405.70 - 2,872.87|
Jun.20 -- The ETF industry has something for everyone -- the Invesco S&P 500 Equal Weight Technology ETF (ticker: RYT) holds large-cap tech stocks. In this week's "There's an ETF for That," Bloomberg's Scarlet Fu explains the ins and outs of RYT.
"The bottom line is that trade wars are akin to zero-sum games or mutually assured destruction."
The ETF industry has something for everyone -- the Invesco S&P 500 Equal Weight Technology ETF (ticker: RYT) holds large-cap tech stocks. In this week's "There's an ETF for That," Bloomberg's ...
Opinion: Memory chip maker’s stock gains after it combats every doomsday scenario with results and forecastBloomberg News/Landov”The industry we operate within is structurally different than in the past,” Micron Chief Executive Sanjay Mehrotra said Wednesday. Micron Technology Inc. once again countered all the doubts surrounding its stock Wednesday, as executives forcefully contended that the current strength in memory markets is not just a cyclical upturn. Micron (MU) on Wednesday reported strong profit and sales gains with a forecast that showed confidence that demand for memory chips will continue, along with higher prices of those components.
Just don’t tell investors in some stocks of big store chains. The SPDR S&P Retail ETF is up 11% this year, more than tripling the S&P 500’s 3.5% gain. Share prices of department stores such as Macy’s Inc. and Dillard’s Inc. have risen more than 55% this year, even edging out Amazon.com Inc.’s 50% advance.
Cboe is making changes to a monthly auction that determines final prices of futures tied to the VIX. Because the VIX tends to rise when stocks fall, and vice versa, its derivatives are popular among traders to hedge portfolios or bet on the future direction of market volatility. Fears of regulatory scrutiny have swept trading desks as lawsuits emerged over Cboe’s marquee VIX products.
Institutional investors are sitting on a pile of cash, waiting for the time to jump at distressed debtiStockphotoAlmost time for some bottom-fishing? The junk-bond market has been on fire. The so-called smart money, he says, is getting ready to load up on distressed debt, which is defined as junk-rated bonds yielding at least 10 percentage points above equivalent U.S. Treasurys (XTUP:TMUBMUSD10Y=X) .
Asian stocks were muted in early Thursday trade after Wall Street closed mixed. Trade concerns continued to simmer after a recent sell-off in global markets. Asian stocks were muted on Thursday as global markets calmed after an elevation in trade tensions between the U.S. and China triggered a sell-off earlier in the week.
The Dow declined again on Wednesday but the Nasdaq closed at a new record high. increased its bid for Twenty-First Century Fox Inc. Wall Street also was processing comments from Federal Reserve Chairman Jerome Powell, who said at a European Central Bank conference in Portugal that the central bank was likely to gradually increase interest rates.
Shutterstock These 64 funds are easy to trade and score near the top of their categories in cost efficiency. Who’s got the best ETFs? Vanguard and BlackRock are tied on the Honor Roll, with 17 funds each.