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 MoreS&P 500 Dips After a Major Index Bull Cut His Outlook
The S&P 500 (SPX) is down today as a major bull of the index lowered his target for it. Yardeni Research President and Chief Investment Officer Ed Yardeni cut his 2025 outlook for the SPX from 7,000 to 6,400, with a worst-case scenario of 5,800. He also dropped his 2026 outlook from 8,000 to 7,200.
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Read MoreThe Burst
Market Commentary: Don’t Buy The AI Hype
Artificial intelligence was poorly understood for so long. What some claimed was AI was really human-programmed algorithms, or rulesets with decision-making programmed by a person.
Artificial intelligence is different.
Read MoreThe Ivy
1 Brilliant Company On Sale?
Warren Buffett described major selloffs in the market as times when it rains gold because the opportunity to make enormous sums of money is everywhere. He further goes on to say that unfortunately those times only come alone maybe once per decade so when they do you need to be ready to pounce in a big way.
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