BlackRock Extends Euro iBonds Range With 8 New ETFs
BlackRock's fixed maturity iBonds range in Europe now stands at 25 ETFs.
BlackRock's fixed maturity iBonds range in Europe now stands at 25 ETFs.
The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) notch new record highs at Thursday's market close as the Federal Reserve opted to cut interest rates by 25 basis points at its November meeting today. Yahoo Finance markets and data editor Jared Blikre joins Josh Lipton on Asking for a Trend to examine several of the sectors benefitting the most from the post-election rally attributed to former President Donald Trump's reelection, while also eyeing Treasury yields (^TYX, ^TNX, ^FVX) and the US dollar (DX-Y.NYB). To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan.
XLF led all sector ETF performance following Trump’s decisive win.
Donald Trump's reelection resulted in serious gains across markets and particular sectors in Wednesday's trading session. Investors saw the Trump Trade turn into a "Trump Everything Rally," Powers Advisory Group Managing Partner Matt Powers tells Yahoo Finance, noting the spark seen in the financial (XLF) and utilities (XLU) sectors. Powers sits down with Brad Smith on Wealth to discuss where Wall Street has seen market moves between Tuesday's election results and the interest rate cut expected from the Federal Reserve on Thursday. "Sectors we like the possibility of the deregulation of banks and it should spark the financial sector, should benefit both large banks and regionals," Powers explains. "Oil and gas will likely benefit. Energy stocks rose quite a bit yesterday but on expectations of pro-industry policies, clean energy's probably going to continue to suffer in that area." To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.
Financial stocks have surged ahead of tech in year-to-date performance, fueled by a Trump-led rally on Wednesday that lifted banks and brokers amid investor expectations of a deregulation-friendly political landscape ahead. The Financial Select Sector SPDR Fund (NYSE:XLF) has risen by 30% in 2024, outpacing the Technology Select Sector SPDR Fund (NYSE:XLK), which is up 26% this year. Small and mid-sized banks, tracked by the SPDR S&P Regional Banking ETF (NYSE:KRE), have also seen strong perform
Mortgage rates are edging higher for their sixth consecutive week, according to Freddie Mac, with the average 30-year fixed rate mortgage ticking up to 6.79%. Yahoo Finance housing reporter Claire Boston sits down with Brad Smith on Wealth to dissect this new mortgage print ahead of today's interest rate decision from the Federal Reserve, referencing how the central bank and housing markets are viewing the environment under a second Donald Trump administration after his 2024 election victory. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.
According to the latest data from the US Census Bureau's American Community Survey (ACS), the share of mortgage-free homes in the United States reached 39.8% in 2023. Yahoo Finance Housing Reporter Dani Romero breaks down the details, highlighting the states where this trend is most prominent. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith
Zillow Group (Z, ZG) stock is up by over 21% in Thursday trading after the real estate company topped third quarter earnings estimates, its rental business growing by 24% year-over-year. Catalysts host Seana Smith highlights Zillow's latest earnings print and CFO Jeremy Hofmann's commentary on the US housing market outlook. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan.
Strategists believe the massive stock market surge after Trump's victory is the start of a larger rally to follow.
The Carlyle Group Inc. (NASDAQ:CG) reported the third quarter adjusted EPS of $0.95, beating the consensus of $0.90, and revenues of $895.0 million missed the consensus of $921.7 million. Net Accrued Performance Revenues were $2.8 billion, up 28% quarter-over-quarter, and up 17% from fourth-quarter 2023, primarily led by appreciation across the portfolio. Realized Net Performance Revenues were $91 million, led by exit activity in the third Europe technology fund, the fourth Asia buyout fund, the