Defined-outcome funds took in more than $8 billion during the first half of 2025.
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Economists anticipated a 2.5% rate, so the better-than-expected top line figure was obviously cause for celebration, right?
On Tuesday, the S&P 500 closed down 0.3%, snapping a remarkable streak of six straight closing highs through Monday.
The deal sets 15% baseline tariffs on EU goods and commits the bloc to buy billions of dollars worth of US energy and defense products.
While 15% tariffs would be nothing to toast in normal times, it seems pretty good after Trump first threatened Japan with a 24% tariff rate.
Block’s membership in the index comes as it transitions into an all-in-one finance platform that offers debit cards and loans to clients.
The timing of Strategy’s latest Bitcoin gains was hardly a surprise: last week also marked “Crypto Week” on Capitol Hill.
Goldman’s top line metrics — profit up 22% to $3.7 billion and total revenues up 15% to $14.6 billion — also bested analysts’ expectations.
The bank downgraded JPMorgan, Goldman Sachs, and Bank of America, citing a classic case of macroeconomic uncertainty.
The TINA trade has hit some snags in recent years, with bonds looking like a pretty swell alternative in an era of high interest rates.
The S&P 500’s recent record high marked an encouraging sign that markets are no longer all that concerned with worst-case trade war scenarios.
New data compiled by Bloomberg found that shares in companies to debut on US exchanges this year have climbed by a weighted average of 53%.
According to SPACInsider data, there have been 58 SPAC offerings so far this year, one more than the total in all of 2024.
Conventional wisdom says being on the S&P 500 is a status symbol that is supposed to come with plenty of benefits.
The on-off dynamic of the US-China economic relationship so far this year would make the writing rooms of most soap operas blush.
It’s been a sweet-and-sour first half for the markets, but advisors expect the second half to be a whole lot tastier.