Bargain hunting drove investors to exchange-traded funds tracking technology companies after shares fell sharply on mixed earnings from heavyweights.) among its top holdings, saw net inflows of $694 million in the week ended Oct. 25, according to Lipper data, its best performance in over a year.
The fund’s price fell nearly 4% in the week, as mixed results from megacaps like Alphabet weighed on the sector. Tech-heavy Nasdaq gained 20% since the start of the year, supported by rallies in the “Magnificent 7″ tech stocks on optimism around artificial intelligence.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: SaltWire Network - 🏆 45. / 63 Lire la suite »
La source: globeandmail - 🏆 5. / 92 Lire la suite »