Please send feedback and tips to christine.idzelis@marketwatch.com or isabel.wang@marketwatch.com. You can also follow me on Twitter at @cidzelis and find me on LinkedIn. Isabel Wang is on Twitter at @Isabelxwang.August looked weaker than usual for sentiment surrounding exchange-traded funds.
“Fixed income is being significantly supported by basically one exposure” this month, ultra-short and short-term government bonds, he said. Bartolini found that ETFs focused on that part of the market represented around 82% of the total $9.2 billion flowing into bond funds as of Aug. 30. Meanwhile, the U.S. stock market has seen losses in August, with the S&P 500 index down around 1.8%. ETF investors have contributed around $5 billion to equities this month as of Aug. 30, while commodity funds saw about $3.5 billion of outflows in that period as investors shunned gold in particular, said Bartolini.
Options traders making bets tied to big U.S equities ETFs don’t seem too worried about downside risk after August’s pullback, according to OptionMetrics. Meanwhile, U.S. stocks have been moving more in tandem in August, based on implied correlations extracted from options prices, compared to earlier in 2023, DeSimone’s research found.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FXStreetNews - 🏆 14. / 72 Read more »