VanEck Semiconductor ETF Is Riskier Than You Think
VanEck Semiconductor ETF might not be as diverse as investors expect.
VanEck Semiconductor ETF might not be as diverse as investors expect.
Artificial intelligence (AI) stocks like Nvidia and Advanced Micro Devices have propelled this ETF to market-beating returns.
Better-than-expected jobs number hits days before Fed decides on interest rate direction.
The funds have doubled their assets under management since January 2020.
Rate cut bets ramped up again. We have highlighted ETFs from sectors that are set to explode on lower rates.
A surprisingly strong May jobs report added to market concerns that inflation pressures in the world's biggest economy remain elevated.
SHOC, WUGI, SMH, DARP and LRNZ are part of the Zacks top Analyst Blog.
Sam Stovall, Chief Investment Strategist at CFRA, maintains his stance that the U.S. Federal Reserve will start reducing interest rates in 2024. However, his conviction about the rate cuts beginning as early as September this year has somewhat diminished. The trajectory of interest rates is a crucial factor influencing global financial markets, including the crypto market. Lower interest rates generally provide a more favorable environment for risk assets like cryptocurrencies, as they reduce the opportunity cost of holding non-yielding assets and encourage more borrowing and investment. The Fed's decision to cut rates is typically driven by concerns about slowing economic growth or the need to stimulate the economy. A delay in the expected timeline for rate cuts could imply that the U.S. central bank is more confident about the economy's resilience and less inclined to provide additional monetary support. For the crypto market, a postponement in Fed rate cuts could mean a more gradual path to a more accommodative monetary environment. However, the long-term outlook of eventual rate cuts in 2024 still bodes well for the industry.
AI has done a lot of impressive stuff to the stock market. But perhaps most impressively, it's turned "boring" utilities into an exciting trade.
-- Gold prices rose in Asian trade on Friday, coming close to key highs as bets on interest rate cuts by the Federal Reserve grew in anticipation of key nonfarm payrolls data due later in the day.