Stock ETFs Falling for a Sixth Consecutive Day
Stocks and index ETFs are falling for a sixth consecutive day on Tuesday, as fears of higher interest rates are sinking technology stocks.
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Stocks and index ETFs are falling for a sixth consecutive day on Tuesday, as fears of higher interest rates are sinking technology stocks.
Stocks and index ETFs are mixed to slightly higher in early Thursday trading, as the market consolidates in an attempt to maintain February’s drive.
Invesco QQQ Trust (QQQ) are all higher just before 12:30 PM EST. The key benchmarks weren’t the only indexes to reach new all-time levels. The small-cap heavy Russell 2000 popped 1.8% to score another record high, after adding 7.7% last week for its most successful weekly performance since June. The Russell 2000 has rocketed 15% so far this year, helping to boost ETFs like the Optimism from New Treasury Secretary Janet Yellen Investors are invigorated by news that Treasury Secretary Janet Yellen asked Congress to pass President Biden’s stimulus plan this weekend, suggesting that the res...
PSC's hot start to 2021 indicates the multi-factor exchange traded fund is benefiting from the phenomenon known as the January Effect.
Multi-factor exchange traded funds hit some rough spots earlier this year due to value exposure, but the USMC, which tries to reflect the performance of the Nasdaq US Mega Cap Select Leaders Index, is comprised of companies with the largest market capitalization taken from the Nasdaq U.S. 500 Large Cap Index and screened based on a quantitative model. The fund implements a multi-factor indexing methodology during its selection process. “Since the start of 2020, investors exposed to multi-factor equity strategies have suffered some underperformance. Investors with a long-term investment hor...