This under-the-radar ETF trend may be flashing a warning signal for the market

This under-the-radar ETF trend may be flashing a warning signal for the market


ETF Edge

This under-the-radar ETF trend may be flashing a warning signal for the market

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Anna Gleason@anna_gle

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Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
Finance

Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most

It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson […]

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Here’s what current and former Fed officials are saying about Lisa Cook investigation
Finance

Here’s what current and former Fed officials are saying about Lisa Cook investigation

Key Points Current and former Federal Reserve officials have offered their thoughts about the Trump administration’s recent mortgage fraud allegations toward Fed Governor Lisa Cook. Former Boston Fed President Eric Rosengren told CNBC on Friday that “until there’s some facts out, I don’t think people should draw any conclusion,” while others such as Cleveland Fed […]

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Stocks making the biggest moves midday: Microchip Technology, Builders FirstSource, Zoom Communications and more
Finance

Stocks making the biggest moves midday: Microchip Technology, Builders FirstSource, Zoom Communications and more

Here are some of the stocks posting the biggest moves in midday trading Friday: Mohawk Industries , Builders FirstSource — Home construction plays jumped after Federal Reserve Chair Jerome Powell hinted that rate cuts could be around the corner, sparking hopes for lower borrowing costs. Builders FirstSource jumped 8%, while flooring company Mohawk Industries added […]

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