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Growth ETFs Push Higher After Fed Stands Pat

July 28, 2021
Growth stocks and related exchange traded funds advanced after the Federal Reserve indicated the economy was strengthening at a steady enough pace that it could begin cutting back on accommodative measures.
U.S. markets have been pushing toward record highs on strong corporate earnings, the economic recovery, and ongoing support from the Fed’s easy monetary policies. However, the optimism was tempered in sessions due to concerns over the Covid-19 Delta variant, China’s regulatory crackdown on its rising technology giants, and the risk of persistently high inflation, the Wall Street Journal reports.
“I’m not sure the Fed needs to change its course right now given the Delta variant is spiking around the country,” Jack Ablin, founding partner, and chief investment officer of Cresset Capital Management, told Reuters. ....

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North American Morning Briefing: Stock Futures Edge Up Ahead of Fed Update

North American Morning Briefing: Stock Futures Edge Up Ahead of Fed Update
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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EUROPEAN MIDDAY BRIEFING: Stocks Rise as Markets Await Fed

EUROPEAN MIDDAY BRIEFING: Stocks Rise as Markets Await Fed
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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Золото дешевеет на росте курса доллара

Золото дешевеет на росте курса доллара
1prime.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 1prime.ru Daily Mail and Mail on Sunday newspapers.

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Ethereum pares gains, Bitcoin pushed under $40K as the Fed is set to reveal tapering plans

Ethereum pares gains, Bitcoin pushed under $40K as the Fed is set to reveal tapering plans
cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.

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