Sectors
Wall Street Readies for Medical Device M&A Wave After Quiet Year
Medical-device makers are charging into 2021 poised for a fresh blast of deal making with soaring share prices and piles of cash at the ready.
World’s Biggest ETF Lures $9.8 Billion in a Day on Vaccine Hope
State Street’s SPDR S&P 500 ETF Trust (SPY) just added $9.8 billion in a single day, according to data compiled by Bloomberg.
Blue-Chip ETFs Hold Up During Massive Selloff in Tech Shares
As the brutal technology rout deepens, exchange-traded fund investors are placing bets on value.
Gold Barrels Past $2,000 With Stage Set to Rally Further
Gold advanced to a fresh record beyond $2,000 an ounce as investors assessed increased geopolitical risks and the prospect for further stimulus to combat fallout from the coronavirus pandemic.
Vanguard Trounces BlackRock for ETF Flows in Volatile First Half
Vanguard Group’s U.S. exchange-traded funds attracted inflows of about $89 billion in the first half, surging ahead of industry leader BlackRock Inc. in a volatile period.
Vanguard and State Street Are Resisting the Hot New ETF Craze
One of Wall Street’s hottest innovations is being hailed as the potential key to luring trillions of actively managed dollars to the booming market for exchange-traded funds. Yet two of the industry’s biggest players want no part of it for now.
Gold Drives Toward Highest Since 2012 on Virus Resurgence Concern
Gold headed toward the highest since 2012, supported by concerns over a second wave of coronavirus infections and ongoing expectations of a flood of stimulus measures.
Credit Suisse Says Factor in Chance of V-Shaped Bounce in Growth
Investors should be prepared for the possibility that the economy and markets might recover quicker than is currently priced in, according to Credit Suisse Group AG.
Homebuilder ETF Soars to Pre-Crisis Level on Sales Surprise
The largest homebuilder ETF surged to pre-crisis levels on data showing a surprise increase in sales of new houses last month.
Yale Expands Stock Portfolio by More Than 300% in Rout
Yale University’s publicly disclosed U.S. stock portfolio surged in value last quarter as the endowment added exchange-traded funds and technology shares during the coronavirus-fueled market plunge.
Big Reversals for S&P 500 ETFs With Exodus From Treasury Darling
The violent swings in global markets are spurring massive reversals in exchange-traded funds.