MIAMI, January 23, 2024--Defiance ETFs, a leading ETF sponsor dedicated to income and thematic investing, is delighted to announce that the Quantum Computing ETF (QTUM) has surpassed $200M in Assets Under Management (AUM).
Real estate stocks have lagged the broader market so far in 2024, but analysts see upside when the Fed's rate cut path becomes clearer later this year.
-- Gold prices steadied on Friday, but were nursing steep declines for the week as growing doubts over early interest rate cuts by the Federal Reserve battered the yellow metal.
As the hype around the approval of the first spot Bitcoin (BTC-USD) exchange-traded funds (ETFs) is well and truly over, the sentiment in the cryptocurrency market has cooled appreciably. The Bitcoin fear index now sits at a lukewarm 63, down from 76 just a week ago, which would have been interpreted as an “extreme greed” rating. It seems that some were left disappointed by the market’s reaction to the U.S. Securities and Exchange Commission’s (SEC) approval, and some have taken cover as the cur
-- Gold prices rose slightly on Thursday, steadying from a sharp tumble this week as strong U.S. data spurred increasing doubts over early interest rate cuts by the Federal Reserve.
-- Gold prices extended losses in Asian trade on Wednesday as hawkish signals from Federal Reserve officials raised more doubts over early interest rate cuts by the central bank, while a rebound in the dollar also dented prices.
-- Gold prices fell slightly on Tuesday after a strong run-up in recent sessions, while a rebound in the dollar also pressured prices ahead of more upcoming economic data and signals from the Federal Reserve.
Crude oil (CL=F, BZ=F) prices are jumping higher Friday after the US and UK military coordinated airstrikes on Iran-backed Houthi rebels in Yemen on Thursday. These events further complicate escalating conflicts in the Red Sea where Houthi forces are targeting freight shipping vessels. Yahoo Finance Senior Reporters Ines Ferré and Jared Blikre detail the broader implications on global trade routes and the energy sector, while also commenting on energy M&A activity stemming from Chesapeake Energy Corporation's (CHK) acquisition of Southwestern Energy Company (SWN). For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
-- Gold prices rose on Friday as an escalation in the Middle East crisis ramped up safe haven demand, which also helped the yellow metal gain despite stronger-than-expected U.S. inflation data.
Chesapeake Energy (CHK) is set to buy Southwestern Energy (SWN) for an all-stock deal valued at $7.4 billion. This would make Chesapeake the top US natural gas producer. Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest development for these two companies and the impact it will have on the energy sector at large. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino