Active management returns to action. JP Morgan Asset Management recently launched two new actively managed exchange-traded funds, a sign that issuers are looking to take advantage of more out-of-the-box strategies as the market faces unprecedented volatility. Launched on May 21, the JPMorgan Equity Premium Income (JEPI) ETF and the JPMorgan …
Read More »Global markets: COVID recovery vs. COVID reality
LONDON (Reuters) – Global stocks stagnated near a four-month high on Friday and the metallic copper industrialist dragged on its longest weekly winning streak in nearly three years as coronavirus nerves persisted in the recent recovery. FILE PHOTO: A street cleaning agent passes by the London Stock Exchange Group building …
Read More »Global markets rise as investors evaluate positive coronavirus vaccine test and optimism about US jobs report Thursday
Shares rose Thursday after results showed Pfizer announced positive results Wednesday for an early-stage vaccination trial. Pfizer said that patients created 1.8 to 2.8 times the antibodies seen in those who recovered from COVID-19. A market analyst said that the “V-shaped recovery gnomes, once again, are getting to heaven.” But …
Read More »European stocks could be ready for a comeback. Where investors can find signs of a recovery.
Europe has increased the stimulus, with countries like France launching larger-than-expected packages to boost the economy. Philippe Lopez / Getty Images Text size While the state of the Covid-19 pandemic in the US and China has been largely focused, Europe has quietly progressed. Policy makers have come together and worked …
Read More »Is the stock market closed today? These are the hours for the July 4th holiday.
Text size Yana Paskova / Getty Images After a first half of the year filled with vintage events, investors will have a much-needed break on Friday as most of the US markets will be closed to observe on July 4th. After the significant liquidation in March, the shares recovered some …
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