Risk-Loving Koreans Lose Big on Leveraged ETFs Amid Stock Swoon
A sudden swoon in US tech stocks is dealing a blow to South Korea’s mom-and-pop investors who have placed billions of dollars of leveraged bets on the cohort.
The country’s retail investors held at least 11% of two exchange-traded funds that place amplified wagers on the Nasdaq 100 Index — bets that may go awry as the US tech benchmark nears a correction.
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Read MoreDow Jones Today: Stock Futures Point To Sharply Lower Open Monday as Volatile Trading Continues; Tesla Continues Sliding
Stock futures tumbled Monday morning amid ongoing uncertainty about the impact of policies coming from the Trump White House and concerns about the outlook for the U.S. economy.
Futures tied to the Dow Jones Industrial Average were down 1% about 90 minutes before the opening bel, while those linked to the S&P 500 and tech-heavy Nasdaq tumbled 1.2% and 1.4%,
Read MoreStock market today: Dow, S&P 500, Nasdaq futures sink after S&P's worst week since September
US stock futures fell solidly Monday as investors processed growing concerns about the health of the US economy and readied for a busy week of economic data, headlined by a report on inflation amid concerns over its resurgence under President Trump’s unpredictable trade policy.
Dow Jones Industrial Average futures (YM=F) fell 1.1%,
Understanding The Federal Funds Rate
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The federal funds rate is one of the Federal Reserve’s key tools for guiding U.S. monetary policy. It impacts everything from the annual percentage yields you earn on savings accounts to the rate you pay on credit card balances,
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Read MoreTelegram Wallet Launches Multi-Asset Trading and Earn Options
Telegram Wallet is making a number of latest updates to its crypto wallet, introducing multi-asset trading and permanent earn options.
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Read MoreThe Burst
Market Commentary: S&P 500 4,200 Next?
Last Friday a crack in the markets occurred in the final 30 minutes of trading. Although the session had largely been positive as volatility was crushed early on, selling accelerated into the close. It’s always an ominous sign for the markets when the close heading into the weekend is weak.
A closer look at the long-term trend reveals where the ceiling for the market lies.
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Read MoreThe Ivy
1 Growth Stock Hiking Dividends Again
A growth stock that pays a dividend may be the holy grail of investing because you get both the upswing in share price and the buffer of a steady payout when times get rocky.
Finding that unicorn is easier said than done because a lot of companies fall into one category or the other but not both.
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