Top ETF Stories of August

Zacks09-04

U.S. stocks closed the month of August with gains as optimism grew around potential Federal Reserve rate cuts following a favorable inflation report. The Dow Jones Industrial Average rose 0.9% last ...

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The Dow Jones Industrial Average rose 0.9% last ...</p>\n\n<a href=\"https://finance.yahoo.com/news/top-etf-stories-august-170000089.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>Top ETF Stories of August</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\">\nTop ETF Stories of August\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-04 01:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/top-etf-stories-august-170000089.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks closed the month of August with gains as optimism grew around potential Federal Reserve rate cuts following a favorable inflation report. The Dow Jones Industrial Average rose 0.9% last ...</p>\n\n<a href=\"https://finance.yahoo.com/news/top-etf-stories-august-170000089.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":"IE0004086264.USD","symbol_name":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/top-etf-stories-august-170000089.html","article_id":"2464847336","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/xF29f61LAv8TL96fMeM3FQ--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/79da42a5951da395af5b31089b7ceda2"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2464847336","pubTimestamp":1725382800,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"U.S. stocks closed the month of August with gains as optimism grew around potential Federal Reserve rate cuts following a favorable inflation report. The Dow Jones Industrial Average rose 0.9% last week and 4.6% in the past month . The S&P 500 advanced 0.2% last week and 5.7% in the past month while the Nasdaq Composite lost 0.9% last week and delivered a monthly return of 5.6%.The tech sector wavered in early August on cues of delayed return-on-investments on tech biggies’ huge artificial intelligence  investments. Investors also reacted to NVIDIA’s  earnings, which reported a beat on both lines but came up with largely in-line forecasts. Investors sought more optimism from the AI king NVIDIA.The AI behemoth’s subdued performance resulted in a loss for the Nasdaq Composite last week despite its late-week recovery. Overall, the crucial tech ETF XLK gained 4.6% in August despite volatility .In late August, Walmart WMT offered a reassuring message to investors concerned about U.S. consum","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","COMP":"Compass, Inc.","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","NVDA":"英伟达","BK4524":"宅经济概念","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","GLD":"SPDR黄金ETF","BK4527":"明星科技股","AMZN":"亚马逊","BK4543":"AI","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU0080751232.USD":"富达环球多元动力基金A","ULTA":"Ulta美容","FDN":"First Trust Dow Jones Internet I","UUP":"美元ETF-PowerShares DB","PG":"宝洁","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","WMT":"沃尔玛","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","L":"洛斯公司","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","ANF":"爱芬奇","BK4581":"高盛持仓","LULU":"lululemon athletica","3NVD.UK":"LS 3X NVIDIA","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","XLP":"消费品指数ETF-SPDR主要消费品","2NVD.UK":"2X NVIDIA ETP","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","DG":"美国达乐公司","BK4539":"次新股","TLT":"20+年以上美国国债ETF-iShares","SG9999014542.SGD":"United Income Focus Trust Acc SGD","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","XLY":"消费品指数ETF-SPDR可选消费品"},"translate_title":"8月份热门ETF故事","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLY":1,"XLP":1,"ANF":1,"UUP":1,"PG":1,"FDN":1,"US6M.BOND":0.9,"NVDA":0.9,"US10Y.BOND":0.9,"US12M.BOND":0.9,"US2Y.BOND":0.9,"US30Y.BOND":0.9,"US3Y.BOND":0.9,"US5Y.BOND":0.9,"US7Y.BOND":0.9,"COMP":0.9,"GLD":0.8,"TLT":0.8,"WMT":0.8,"US912797GL51.BOND":0.6,"US912797GW17.BOND":0.6,"ULTA":0.6,"US912797HE00.BOND":0.6,"LULU":0.6,"3NVD.UK":0.6,"AMZN":0.6,"DG":0.6,"L":0.6,"2NVD.UK":0.6},"content_text":"U.S. stocks closed the month of August with gains as optimism grew around potential Federal Reserve rate cuts following a favorable inflation report. The Dow Jones Industrial Average rose 0.9% last week and 4.6% in the past month (as of Aug. 30, 2024). The S&P 500 advanced 0.2% last week and 5.7% in the past month while the Nasdaq Composite lost 0.9% last week and delivered a monthly return of 5.6%.\n \nTech Sector Remains Volatile \nThe tech sector wavered in early August on cues of delayed return-on-investments on tech biggies’ huge artificial intelligence (AI) investments. Investors also reacted to NVIDIA’s (NVDA) earnings, which reported a beat on both lines but came up with largely in-line forecasts. Investors sought more optimism from the AI king NVIDIA.\nThe AI behemoth’s subdued performance resulted in a loss for the Nasdaq Composite last week despite its late-week recovery. Overall, the crucial tech ETF XLK gained 4.6% in August despite volatility (read: Cybersecurity ETFs Won in August Despite Tech Volatility).\n \nDovish Fed Policy Outlook \nThe Federal Reserve closely monitors PCE inflation levels to gauge the need for interest rate adjustments. Following Chairman Jerome Powell's recent remarks signaling a forthcoming rate cut in September, market expectations for a 0.5% rate cut have increased, though a 0.25% cut remains a possibility due to steady price pressures observed in July.\nNo wonder, FolioBeyond Alternative Income and Interest Rate Hedged ETF RISR — which seeks to provide diversification benefits and helps to manage risk from interest rate volatility — was off 0.3% last month. iShares 20+ Year Treasury Bond ETF TLT, which fares better in a falling rate environment, gained about 1.2% in August.\nGold bullion ETF SPDR Gold Trust GLD, which is another beneficiary of the Fed rate cut, gained 2.4% in August. This is especially true given that Invesco DB US Dollar Index Bullish Fund UUP lost 2% last month and gold gains if the U.S. dollar falls (read: U.S. Dollar to Drop Ahead? ETFs to Gain/Lose).\n \nU.S. Economy in Fine Fettle \nThe U.S. economy grew in Q2 at a healthy 3% annual pace, fueled by strong consumer spending and business investment. Consumer spending, which makes about 70% of U.S. economic activity, increased at a 2.9% annual rate last quarter, up from 2.3% in the government’s initial estimate, as quoted on CNBC. The second-quarter growth marked a sharp acceleration from a lackluster 1.4% growth rate in the first three months of 2024.\n \nMixed Signals in Retail: Are U.S. Consumers Resilient?\nRetail sales in the United States gained 1% sequentially in July 2024, following a downwardly revised 0.2% drop in June and way better than forecasts of a 0.3% gain. It marked the biggest increase since January 2023 (read: Retail Sales Gains in July: ETFs & Stocks to Play).\nIn late August, Walmart WMT offered a reassuring message to investors concerned about U.S. consumers’ health. CFO John David Rainey stated that Walmart's customers were making deliberate choices, downplaying broader economic concerns by asserting, \"We're not seeing it,” as quoted on Yahoo Finance.\nHowever, recent earnings reports from major retail players paint a more uncertain picture. Companies like Dollar General DG, Lululemon LULU, Abercrombie & Fitch ANF and Ulta Beauty ULTA faced mixed market reactions after expressing caution about the overall spending environment.\nThis put focus on consumer ETFs like Consumer Discretionary Select Sector SPDR ETF XLY (which was up about 2.3% in August) and Consumer Staples Select Sector SPDR Fund XLP (up about 5% in August). Investors should note that XLY ETF is heavy on Amazon AMZN, which lost 3% in August while XLP ETF is heavy on Walmart (which is up 10.7% in August) and Procter & Gamble PG (up 3.5% in August).\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\nAmazon.com, Inc. (AMZN) : Free Stock Analysis Report\niShares 20+ Year Treasury Bond ETF (TLT): ETF Research Reports\nProcter & Gamble Company (The) (PG) : Free Stock Analysis Report\nWalmart Inc. (WMT) : Free Stock Analysis Report\nDollar General Corporation (DG) : Free Stock Analysis Report\nAbercrombie & Fitch Company (ANF) : Free Stock Analysis Report\nUlta Beauty Inc. (ULTA) : Free Stock Analysis Report\nlululemon athletica inc. (LULU) : Free Stock Analysis Report\nSPDR Gold Shares (GLD): ETF Research Reports\nConsumer Staples Select Sector SPDR ETF (XLP): ETF Research Reports\nInvesco DB US Dollar Index Bullish ETF (UUP): ETF Research Reports\nConsumer Discretionary Select Sector SPDR ETF (XLY): 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":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"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":"4.29.4","shortVersion":"4.29.4","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/2464847336"}