How leveraged chip ETFs magnified Korea’s market swings
16 funds launched at market’s peak, amplifying moves in Samsung Electronics, SK hynix and Kospi
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Read MoreBOJ needs to raise policy rate to 1.5%, former S&P Global executive says
NEW York – The Bank of Japan needs to raise its policy interest rate from the current 1.0% to 1.5% to fight inflation reflecting higher import prices amid the yen’s weakness, economist Paul Sheard has said.
The BOJ could adopt a somewhat bolder monetary policy after taking a careful approach on long-standing concern that deflation might return if it raised the rate too quickly,
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Read MoreWhy Did SKHY, EOSE, OKLO Stocks Plunge To 52-Week Lows Today?
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SK Hynix stock faced pressure as Q2 revenue missed Street expectations.
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Eos Energy shares hit a 52-week low after CEO Joe Mastrangelo sold 159,154 shares.
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Oklo shares fell to a yearly low of $37.80 as investors scaled back exposure to advanced nuclear companies.
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Read MoreSensex Today | Nifty 50 | Stock Market Live Updates: Sensex rallies over 700 pts, Nifty above 24,200; IT index jumps over 2%
Sensex Today | Nifty 50 | Stock Market Live Updates: Stocks in news: L&T, Tata Capital, Ambuja Cements, Suzlon Energy, RVNL
The Indian stock market ended largely subdued on Tuesday, with the Sensex and Nifty giving up their early gains to close lower after a strong rally in the previous session.
Read MoreMarkets react to Fed's July interest rate decision
On July 29, the Federal Reserve announced its decision on interest rates following its two-day policy meeting.
As expected, the central bank decided to keep the benchmark interest rate unchanged in the 3.50%-3.75% range.
Related: Bitcoin traders brace for Fed’s rate call and inflation this week
Though the Fed’s newly appointed chair,
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Read MoreThe Burst
1 Signal That Dutch Bros Could Be a Monster Stock
If you gave up on Dutch Bros after its post-IPO slump, you might be kicking yourself right now. After going public in 2021 and fizzling out soon after, Dutch Bros has staged a remarkable comeback, rising nearly 90% over the past 2 years.
And this rebound isn’t just a flash in the pan.
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Read MoreThe Ivy
IBM’s Quantum Breakthrough Could Be a Turning Point
IBM has been tinkering with quantum computing longer than most of today’s retail investors have even been in the market. For decades, the company’s message has been quantum is coming, and when it arrives, it will change everything from chemistry to finance. The problem? The finish line has always felt just out of reach, perpetually ten years away.
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Read MoreThe Spotlight
This ETF Owns 3,500 Stocks, Is It Better Than the S&P 500?
Vanguard’s Extended Market ETF (VXF) is a broad fund made up of thousands of stocks across essentially every part of the American business landscape. Like many ETFs, VXF attempts to give investors access to a broad selection of stocks without the difficulty and risk involved in picking individual companies.
Today, let’s take a deeper look at VXF to see if the fund is a good investment at the moment.
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