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Futures Rebound From Cap Gains Tax Selloff

by Tyler Durden Friday, Apr 23, 2021 - 08:03 AM US equity futures rebounded Friday following Thursday s 1% selloff as investors digested a proposal for higher capital gains taxes and realized that i) it is nothing new compared to previous media reports and ii) the most likely outcome is a compromise tax rate (Goldman expects a final number no higher than 28%).  Still, both the S&P 500 and Dow are on course for weekly declines, after four straight weeks of gains. At 730 a.m. ET, Dow e-minis were up 38 points, or 0.11%, S&P 500 e-minis were up 9 points, or 0.22%, and Nasdaq 100 e-minis were up 18.5 points, or 0.14%.

Novelty ETFs focus on life after the pandemic – here on Earth and in space

The Globe and Mail Gillian Livingston Published April 13, 2021 Bookmark At the start of the pandemic, ETF providers launched work-from-home and streaming-service funds to capitalize on changes to how we live. Now, providers are putting forward funds based on what life could look like after the pandemic, including the return of travel and live sporting events. Other new ETFs play on positive social media-generated market buzz and increased investor attention in areas such as clean energy, space exploration and bitcoin. Both the recently launched Roundhill MVP ETF (MVP-A) – an U.S. ETF that invests in sports franchises, sporting-goods companies and facilities – and Canada’s Harvest Travel and Leisure Index ETF (TRVL-T) – which invests in large-cap travel companies – are a play on the post-pandemic recovery, says Daniel Straus, vice-president of ETFs and financial products research at National Bank Financial.

Futures Rebound Led By Tech With Yields Flat Ahead Of Powell Part 2

Futures Rebound Led By Tech With Yields Flat Ahead Of Powell Part 2
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Expect more niche ETFs this year | Investment Executive

Expect more niche ETFs this year | Investment Executive
investmentexecutive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentexecutive.com Daily Mail and Mail on Sunday newspapers.

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