Page 16 - Select Sector News Today

Predictions of an impending recession at the US stock market are gathering pace on Wall Street even as a series of economic indicators paint a contrasting picture.

DoubleLine announced the launch of two actively managed exchange traded funds.

Materials Select Sector SPDR Fund (NYSEARCA:XLB – Get Rating) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $84.16 and traded as high as $89.02. Materials Select Sector SPDR Fund shares last traded at $88.89, with a volume of 5,232,602 shares. The firm has […]

Equal weighting provides increased diversification compared to their market cap-weighted counterparts, and have historically fared well – as demonstrated last month when the S&P 500 Equal Weight Index outperformed the S&P 500 by 2%.

During Refinitiv Lipper’s fund-flows week ended Mar 2, 2022, investors were overall net purchasers of fund assets for the second straight week, adding a net $33.4 billion. Read more.

Exchange-traded funds hauled in $69.5 billion in a turbulent February.

The Ukraine crisis has sparked fear and uncertainty in global markets, but energy ETFs could help hedge against market chaos

The latest news you need for informed trading.

The latest news you need for informed trading.

The latest news you need for informed trading.