The world’s largest economy’s new coronavirus case count touched another record level of 50,023 on Jul 1, surpassing the previous high of 45,255 set on Jun 26. In response to the worsening conditions, around 23 states have held back or paused the reopening process in the U
The U.S. jobs market continued to gain strength in June, showing signs of a V-shaped recovery from the coronavirus-led slump. The U.S. economy unexpectedly added 4.8 million jobs in June, breezing past economists’ expectations of job gains of 2.9 million. Jobs growth marked a
The latest report on June’s U.S. consumer confidence shows more-than-expected improvement, largely due to the reopening of the economy and easing quarantine restrictions. The Conference Board's measure of consumer confidence index stands at 98.1, comparing favorably with May
We have stepped in the third quarter of 2020 along with the coronavirus scare. We have been bearing with the virus for the past two quarters and will have to continue living with it in the coming days. Global economies have tried the lockdown technique to combat the virus but ha
Stock markets across the globe have witnessed wild swings in the first half of 2020 thanks to the coronavirus outbreak. After plunging 35% from Feb 20 to Mar 23, they are now within 10% of February’s record highs. The slew of fiscal and monetary stimulus, progress in the devel
In trading on Thursday, shares of the GEM ETF (Symbol: GEM) crossed above their 200 day moving average of $31.05, changing hands as high as $31.46 per share. GEM shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of GEM shar
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the FNDX ETF, where 35,700,000 units were destroyed, or a 23.4% decrease week over week.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the FNDX ETF, where 35,700,000 units were destroyed, or a 23.4% decrease week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco DWA Technology Momentum ETF (Symbol: PTF) where we have detected an approximate $79.7 million dollar inflow -- that's a 35.6% increase week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Broad USD High Yield Corporate Bond ETF (Symbol: USHY) where we have detected an approximate $276.8 million dollar outflow -- that's a 5.1%
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco DWA Momentum ETF (Symbol: PDP) where we have detected an approximate $299.8 million dollar inflow -- that's a 20.3% increase week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares TIPS Bond ETF (Symbol: TIP) where we have detected an approximate $196.9 million dollar inflow -- that's a 1.0% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARKK ETF (Symbol: ARKK) where we have detected an approximate $198.4 million dollar inflow -- that's a 4.2% 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 MBS ETF (Symbol: MBB) where we have detected an approximate $154.8 million dollar inflow -- that's a 0.7% increase week over week in outsta
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core 1-5 Year USD Bond ETF (Symbol: ISTB) where we have detected an approximate $97.7 million dollar inflow -- that's a 2.5% increase week
In trading on Thursday, shares of the iShares Core MSCI Emerging Markets ETF (Symbol: IEMG) crossed above their 200 day moving average of $48.49, changing hands as high as $49.60 per share. iShares Core MSCI Emerging Markets shares are currently trading up about 2.4% on the d
The semiconductor sector has bounced sharply from the first-quarter lows with stocks logging in the best quarterly performance since the tech bubble in the early 2000s. Notably, the PHLX Semiconductor Index rose nearly 39% in the second quarter.Chip stocks have shown strong resi