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U.S. Stocks Climb as Futures Fluctuate; Oil Rebounds: Markets Wrap bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.
Article content NEW YORK A rebound in growth stocks over the last month is doing little to bolster the performance of Cathie Wood’s ARK Innovation ETF, which has lagged this year after outperforming all other U.S. equity funds in 2020. The $22.4 billion ARKK fund is down 7.1% for July so far, putting it in the bottom 96th percentile rank among the 605 mid-cap growth funds tracked by Morningstar. At the same time, the S&P 500, with its heavy weighting in big technology-focused stocks, is up 2.4%, helped by a 5.8% gain in Apple Inc and a nearly 12% gain in Google parent Alphabet Inc. The fund is down 2.5% this year, compared with a 17.1% gain for the S&P. ....
AMC is a 'low priced stock' in new ETF hit by quirk of indexing bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
AMC get 'low priced stock' tag in new ETF hit by indexing quirk bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Pricey AMC meme shares are a 'low priced stock' in new ETF hit by indexing quirk financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.