Direxion's TMF Sees $264 Million in Inflows; ETF Fund Flows as of May 10
Here are the daily ETF fund flows for May 10, 2024.
Here are the daily ETF fund flows for May 10, 2024.
The e-commerce-focused fund has risen more than 40% over the past year.
Utilities and consumer staples outperformed the S&P 500 in the past month.
The market averages (^DJI, ^IXIC, ^GSPC) open Friday's session higher as all three of the US indexes seek to close the week out in the green. The Dow Jones Industrial Average is roaring to continue its rally to an eight day win streak. Yahoo Finance Senior Markets Reporter Jared Blikre joins Morning Brief Anchors Seana Smith and Brad Smith in their analysis of sector leaders, including gains seen in utilities (XLU). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Much-maligned utilities and consumer staples stocks gained.
Semiconductor stocks continue to lead the charge in the U.S. stock market. The iShares Semiconductor ETF (NASDAQ:SOXX) has risen more than 14% on a year-to-date basis, beating all other market indices. This ETF currently holds 35 semiconductor stocks operating across various sub-verticals of the space. Today’s modern technology increasingly necessitates advanced semiconductor chips, and as society springboards into the age of artificial intelligence (AI) and advanced cloud computing, it makes se
Mixed economic messages are sending gold investors elsewhere after dip in spot price.
Joining Market Domination Overtime, Yahoo Finance Markets Reporter Josh Schafer dissects the day's top trading highlights. The weekly jobless claims data, released on Thursday, soared to its highest level since August 2023, with an addition of 20,000 jobs lost in a single week. The utilities sector (XLU) continues to thrive, propelled by increased investments in energy solutions fueled by artificial intelligence. Additionally, the Dow Jones Industrial Average (^DJI) extended its rally, marking its seventh consecutive day of gains. Amgen (AMGN) emerged as a standout performer, contributing significantly to the index's upward trajectory. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Arm Holdings (ARM) stock slides further after the chip designer's fiscal full-year guidance for 2025 disappointed investors, begging the question of whether Big Tech's demand for AI semiconductors is starting to lessen. After missing earnings expectations, Warner Bros. Discovery (WBD) and Disney (DIS) announced a partnership to bundle several of its streaming platforms. Other trending stocks that Yahoo Finance is focusing on include Airbnb (ABNB), Robinhood Markets (HOOD), and the dating app Bumble (BMBL). Moody’s Analytics Chief Economist Mark Zandi joins Yahoo Finance's Morning Brief to share his thoughts on why the Federal Reserve should raise its inflation rate target and give itself the green light to start cutting interest rates. This post was written by Luke Carberry Mogan.
The Alerian Energy Infrastructure ETF (NYSE Arca: ENFR) declared its second quarter 2024 distribution of $0.34117 on Wednesday, May 8, 2024. The dividend is payable on May 14, 2024 to shareholders of record on May 10, 2024.