The coronavirus outbreak continues to wreak havoc, with 1.5 million confirmed cases and above 88,000 casualties globally, per a Johns Hopkins University data. The United States remains on top of the chart with the highest number of infected cases. It recorded in excess of 432,00
The Walt Disney Company DIS is witnessing overwhelming response for its Disney+ streaming service. Disney Plus, which comprises films and TV shows from Disney, Pixar, Star Wars and National Geographic, now has more than 50 million subscribers since its launch five months ago. No
On Apr 9, OPEC and allies agreed to a tentative deal to cut oil production by 10 million barrels per day (which equals to a tenth of the global production per day) in May and June, the deepest cut ever agreed by global oil producers.
Last week was all about Wall Street rally on signs of slowdown in coronavirus cases in some of the global hotspots like Italy and New York as well as another round of Fed stimulus. The S&P 500, the Dow Jones and the Nasdaq Composite jumped 12.1%, 12.7% and 10.6%, respectivel
The U.S. junk bonds soared the most on Apr 9 since 1998 following the Fed’s first-ever foray into the junk-rated corporate bond market. This is especially true as the central bank will purchase non-investment grade corporate bonds and high-yield exchange-traded funds. The move
The iShares MSCI USA Equal Weighted ETF is seeing unusually high volume in afternoon trading Monday, with over 2.2 million shares traded versus three month average volume of about 56,000. Shares of EUSA were down about 2.2% on the day.
In trading on Monday, the MLP ETF is outperforming other ETFs, up about 4% on the day. Components of that ETF showing particular strength include shares of Plains All American Pipeline, up about 12% and shares of Western Midstream Partners, up about 6.8% on the day.
In the last trading session, U.S. stocks gained following the Fed’s massive $2.3-trillion program to bolster local governments and businesses impacted by the coronavirus pandemic. Among the top ETFs, SPY gained 1.5%, DIA rose 1.2% and QQQ moved 0.1% higher on the day.Two more
Wall Street recorded the biggest weekly gain last week since 1974, with the three major indices recovering about half of their losses that were racked up in late March on heightening coronavirus fears. Notably, the S&P 500 and Dow Jones jumped more than 12% last week, while
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Medical Devices ETF (Symbol: IHI) where we have detected an approximate $135.2 million dollar inflow -- that's a 3.0% increase week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the BBEU ETF (Symbol: BBEU) where we have detected an approximate $279.3 million dollar inflow -- that's a 13.4% increase week over week in outstanding
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares J.P. Morgan USD Emerging Markets Bond ETF (Symbol: EMB) where we have detected an approximate $212.8 million dollar outflow -- that's a 1.7
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P— Dividend ETF (Symbol: SDY) where we have detected an approximate $156.8 million dollar outflow -- that's a 1.0% decrease week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Consumer Staples Select Sector SPDR— Fund (Symbol: XLP) where we have detected an approximate $284.8 million dollar outflow -- that's a 2.1%
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Portfolio S&P 500— ETF (Symbol: SPLG) where we have detected an approximate $150.3 million dollar outflow -- that's a 3.6% decrease w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the DBEF ETF (Symbol: DBEF) where we have detected an approximate $179.3 million dollar outflow -- that's a 4.5% decrease week over week (from 140,750,
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares UltraPro QQQ (Symbol: TQQQ) where we have detected an approximate $390.9 million dollar outflow -- that's a 8.7% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Technology Select Sector SPDR— Fund (Symbol: XLK) where we have detected an approximate $217.4 million dollar outflow -- that's a 0.9% decrea
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust Dow Jones Internet Index Fund (Symbol: FDN) where we have detected an approximate $165.5 million dollar inflow -- that's a 2.3% increas