3 Top ETF Areas of Last Week

Zacks05-28

Last week was volatile for Wall Street. While the NVIDIA earnings-led AI boom drove the market in the first part of the week, hawkish Fed minutes tried to take the market in the opposite direction ...

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While the NVIDIA earnings-led AI boom drove the market in the first part of the week, hawkish Fed minutes tried to take the market in the opposite direction ...</p>\n\n<a href=\"https://finance.yahoo.com/news/3-top-etf-areas-last-120000873.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top ETF Areas of Last Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Top ETF Areas of Last Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-28 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/3-top-etf-areas-last-120000873.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week was volatile for Wall Street. While the NVIDIA earnings-led AI boom drove the market in the first part of the week, hawkish Fed minutes tried to take the market in the opposite direction ...</p>\n\n<a href=\"https://finance.yahoo.com/news/3-top-etf-areas-last-120000873.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AETH","symbol_name":"BITWISE ETHEREUM STRATEGY ETF","start_time":0,"source_url":"https://finance.yahoo.com/news/3-top-etf-areas-last-120000873.html","article_id":"2438374755","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5w_iAw5naBqMPrzpIECi9Q--~B/aD02NzU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/670d1917693293f70179651625deb88f"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2438374755","pubTimestamp":1716897600,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Last week was volatile for Wall Street. While the NVIDIA earnings-led AI boom drove the market in the first part of the week, hawkish Fed minutes tried to take the market in the opposite direction later on. The Dow Jones saw a sharp 600-point drop on Thursday, marking its most substantial loss in more than a year.Renewed concerns over interest rates triggered Thursday's market turmoil. However, on Friday, Wall Street tried to recoup losses. Overall, the S&P 500 was up 0.03%, the Dow Jones lost 2.3% and the Nasdaq advanced 1.4%.Stronger-than-anticipated U.S. business data prompted a reassessment of the Federal Reserve's interest rate trajectory, leading to a more divided outlook among traders. Some traders revised its forecast, indicating a delay in the Fed's anticipated rate cut, now targeting September instead of July.Shares of hydrogen companies have experienced solid gains lately as investors returned to higher-risk assets. Additionally, the industry is being bolstered by a $1.7 bil","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AETH":"BITWISE ETHEREUM STRATEGY ETF","HDRO":"Defiance Next Gen H2 ETF","EETH":"ProShares Ether ETF","HYDR":"Global X Hydrogen ETF","TAN":"太阳能ETF-Guggenheim","BK4588":"碎股","NVDA":"英伟达","FDN":"First Trust Dow Jones Internet I","BK4585":"ETF&股票定投概念","BK4550":"红杉资本持仓"},"translate_title":"上周三大ETF领域","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AETH":1,"TAN":1,"HYDR":1,"HDRO":1,"FDN":1,"EETH":1,"NVDA":0.9,"US10Y.BOND":0.88,"US12M.BOND":0.88,"US2Y.BOND":0.88,"US30Y.BOND":0.88,"US3Y.BOND":0.88,"US5Y.BOND":0.88,"US6M.BOND":0.88,"US7Y.BOND":0.88,"US912797GL51.BOND":0.6,"US912797GW17.BOND":0.6,"US912797HE00.BOND":0.6,"US912797GK78.BOND":0.6,"US912797GB79.BOND":0.6,"US912797FS14.BOND":0.6},"content_text":"Last week was volatile for Wall Street. While the NVIDIA earnings-led AI boom drove the market in the first part of the week, hawkish Fed minutes tried to take the market in the opposite direction later on.  The Dow Jones saw a sharp 600-point drop on Thursday, marking its most substantial loss in more than a year.\nRenewed concerns over interest rates triggered Thursday's market turmoil. However, on Friday, Wall Street tried to recoup losses. Overall, the S&P 500 was up 0.03%, the Dow Jones lost 2.3% and the Nasdaq advanced 1.4%.\nShift in Fed Expectations\nStronger-than-anticipated U.S. business data prompted a reassessment of the Federal Reserve's interest rate trajectory, leading to a more divided outlook among traders. Some traders revised its forecast, indicating a delay in the Fed's anticipated rate cut, now targeting September instead of July.\nNVIDIA, following an impressive quarterly performance, continued its upward trajectory, rising 13.5% last week to around $1,064 per share. The upcoming stock split for NVIDIA is expected to stimulate further retail investor interest.\nEconomic Indicators\nA revised University of Michigan consumer sentiment index for May was released, showing a reading of 69.1. Despite surpassing expectations, this figure indicated a month-over-month decline, reflecting concerns regarding inflation and interest rates and marking the lowest sentiment level in approximately five months.\nTop ETFs in Focus\nAgainst this backdrop, below we highlight a few winning ETF areas of last week.\nEther\nBitwise Ethereum Strategy ETF (AETH) – Up 21.3%\nProShares Ether Strategy ETF (EETH) – Up 20.9%\nIn a landmark move, the U.S. Securities and Exchange Commission (SEC) gave the green signal last week for the potential launch of eight exchange-traded funds (ETFs) linked to ether, the second-largest cryptocurrency globally. This decision followed the previous approval of bitcoin ETFs, marking a pivotal shift in the regulatory environment for digital assets. The SEC's approval of ether ETFs marks a notable shift from its historical stance against the crypto industry (read: Bitcoin ETFs to Gain as SEC Approves Ether ETFs).\nSolar\nInvesco Solar ETF (TAN) – Up 11.5%\nThe First Solar stock soared last week after analysts at UBS raised their price target on the stock, citing its potential to benefit from big tech companies' investments in artificial intelligence (AI). Analysts have indicated that Microsoft and other hyper-scalers might depend on renewable energy companies such as First Solar to meet AI demand and achieve their carbon neutrality objectives.\nHydrogen\nDefiance Next Gen H2 ETF HDRO – Up 11.2%\nGlobal X Hydrogen ETF HYDR – Up 10.3%\nShares of hydrogen companies have experienced solid gains lately as investors returned to higher-risk assets. Additionally, the industry is being bolstered by a $1.7 billion conditional loan guarantee. Experts believe that hydrogen will impact the lowering of carbon emissions globally. Steelmaking, aviation and shipping are among the sectors likely to intensively utilize green hydrogen. Meanwhile, many countries are developing multiple, large-scale hydrogen projects.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nInvesco Solar ETF (TAN): ETF Research Reports\nDefiance Next Gen H2 ETF (HDRO): ETF Research Reports\nGlobal X Hydrogen ETF (HYDR): ETF Research Reports\nBitwise Ethereum Strategy ETF (AETH): ETF Research Reports\nProShares Ether Strategy ETF (EETH): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2438374755"}