Page 12 - Mega Cap News Today

Market Fails To Rally On Vaccine News As noted last week the market has been able to look forward to some piece of good news which has allowed investors to look past any soft economic news. The potential of a vaccine, getting past the election, and since August anticipation that Congress would pass a bill providing more fiscal stimulus for months proved sufficient to keep selling pressure at bay, while retail traders kept buying call options in record numbers. Please share this article - Go to...

Posted on 20039 First Trust Advisors L.P. (“FTA”) announced today that, subject to the satisfaction of certain customary closing conditions, the reorganization of First Trust Mega Cap AlphaDEX ® Fund (Nasdaq: FMK), an index based exchange-traded fund (“ETF”), managed by FTA, into First Trust Dow 30 Equal Weight ETF (NYSE Arca: EDOW), an index based ETF managed by FTA, is expected to become effective immediately before the op...