There is currently about $7 trillion invested in exchange-traded funds, or ETFs, in the U.S. -- that's up about 27% from the end of 2020, and it's more than seven times the total from just a decade ago in 2010. As assets have grown, so have the number of ETFs, as there are now over 2,600 different ETFs in the U.S. There are ETFs that invest in broad swaths of the market, as well as specific indexes, sectors, investment styles, or just about any segment of the market imaginable. There are also a growing number of actively managed ETFs, as well as custom ETFs that invest in multiple exchanges or benchmarks.
The Dow Jones Industrial Index (^DJI) settled down 905 points (2.53%) in its worst post-Thanksgiving Day performance since 1931
The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was down 14.2 basis points at 0.502, the sharpest drop since March 2020. The yield on 10-year Treasury notes was down 16.8 basis points to 1.477%. The yield on the 30-year Treasury bond was down 14.2 basis points to 1.829%.