Financial Select Sector SPDR Fund

Too exposed to Big Tech? These ETFs may help broaden out your risk

by
Too exposed to Big Tech? These ETFs may help broaden out your risk

Big Tech’s market dominance may push more investors to equal-weight exchange-traded funds, according to VettaFi’s Todd Rosenbluth. “Investors are getting nervous that too much money is concentrated in a handful of stocks within the broader ETFs that they have available that [are] tied to the S&P 500 or even the Nasdaq 100,” the firm’s head … Read more

Bond yield jump is not death to equities: BofA’s Savita Subramanian

by
Bond yield jump is not death to equities: BofA’s Savita Subramanian

The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on Tuesday. In fact, Subramanian sees the bond move as a positive signal — rather than an ominous sign for the economy. “Companies are refocusing on efficiency and productivity rather than juicing up earnings through leverage … Read more