Connect with us

Bussiness

Stock futures are little changed after S&P 500 notches another record close: Live updates

Published

6 months ago

on

Stock futures are little changed after S&P 500 notches another record close: Live updates

8 Hours Ago

Income-seeking investors snapped up these ETFs in June to the tune of $1.6 billion, State Street says

Investors went into risk-on mode in the fixed income world in June, as exchange traded funds holding bank loans and collateralized loan obligations saw more than $1.6 billion in flows, State Street found.

The funds have seen 13 consecutive months with inflows, receiving more than $18 billion in that period, according to Matthew Bartolini, head of SPDR Americas Research at State Street Global Advisors.

Select offerings in the space tout 30-day SEC yields exceeding 6%.

Learn more about these higher yielding ETFS here.

–Darla Mercado

8 Hours Ago

Tesla notches 10 consecutive winning days

The electric vehicle maker posted a 3.7% gain on Tuesday, marking a 10th straight positive session for Tesla.

Since its last down day – June 24 – the stock has advanced roughly 43%. In the past month, the stock is up nearly 48%.

Even with the sharp run higher, shares are up a modest 5.6% in 2024, and they’re still off more than 4% in the past year.

This latest climb for Tesla was aided by the car manufacturer’s second-quarter production and deliveries report, posted just last week. Deliveries for the period came in at 443,956, compared to the 439,000 anticipated by analysts, per StreetAccount.

–Darla Mercado, Jason Gewirtz

9 Hours Ago

Stock futures open little changed

Related Topics:
Continue Reading