Asian Stocks to Follow US Rally With Focus on CPI: Markets Wrap
US stocks were set to open near all-time highs on hopes that the inflation report won’t undermine the case for Federal Reserve interest-rate cuts.
US stocks were set to open near all-time highs on hopes that the inflation report won’t undermine the case for Federal Reserve interest-rate cuts.
MicroStrategy Inc., a company best-known for accumulating a roughly $13 billion hoard of Bitcoin, will be included in a key global equity index following a rally in the firm’s shares that outpaced the digital asset.
Vanguard Group Inc. named BlackRock Inc. veteran Salim Ramji as its next chief executive officer, succeeding Tim Buckley and becoming the first outsider to lead the firm famed for revolutionizing investing with the index fund.
After booming in the anything-goes pandemic era, a once-fashionable investment strategy is falling out of favor anew, hitting some niche ETF providers along the way.
A Japan-focused stock ETF that strips out moves in the yen is undergoing a big revival, raking in flows all of a sudden as it hits record highs.
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