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Yahoo
6 days ago
- Business
- Yahoo
Lithium ETF (LIT) Hits a New 52-Week High
For investors seeking momentum, Global X Lithium & Battery Tech ETF LIT is probably on the radar. The fund just hit a 52-week high and has moved up 56.2% from its 52-week low price of $31.44 per share. But are there more gains in store for this ETF? Let us take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed: LIT in Focus The underlying Solactive Global Lithium Index tracks the performance of the largest and most liquid listed companies that are active in the exploration and/ or mining of Lithium or the production of Lithium batteries. LIT charges 75 bps in annual fees. Why the Move? There is growing global race to secure critical minerals essential for the energy transition and advanced technologies. Lithium is one of critical mineral resources are vital for manufacturing electric vehicles, batteries, renewable energy systems, and modern electronics. More Gains Ahead? LIT may continue its strong performance in the near term, with a positive weighted alpha of 18.43 (as of which gives cues of a further rally. Want 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 Global X Lithium & Battery Tech ETF (LIT): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-07-2025
- Automotive
- Yahoo
Why Global ETFs Could Surge Amid U.S.-Japan Trade Deal
The recent trade breakthrough between the United States and Japan — slashing auto tariffs from 25% to 15% — could usher in a fresh rally in global equities, especially in the auto sector. There is a surge in optimism, which could be reflected in global equity-based exchange-traded funds (ETFs) with broad international exposure, particularly those weighted heavily in automakers, industrials and global exporters. The Stoxx Europe Autos Index soared 4.2% on July 23, 2025, marking its best daily gain since February. Japanese auto giants like Toyota (+14%), Honda (+11%), and Nissan (+8%) also saw strong upward momentum, on the news of the deal. Hope for EU Deal Fuels Optimism Following the Japan deal, eyes have now turned to the European Union. Markets are increasingly pricing in the possibility of a similar trade agreement between the United States and EU, particularly after President Trump signaled that the European negotiations are imminent. 'The Japan deal has significantly raised hopes that the EU might also be able to reach a trade deal,' Deutsche Bank strategists noted, as quoted on CNBC. Citi economists highlighted that Japan secured the tariff reduction without an export cap, potentially setting a precedent for Europe. If the United States agrees to reduce tariffs on EU auto exports to 15%, as it did for Japan, ETFs with exposure to European automakers like iShares Europe ETF IEV or SPDR EURO STOXX 50 ETF FEZ could see sizable inflows. Improved Trade Backdrop Strengthens Business Confidence Multinationals have faced prolonged uncertainty due to escalating tariffs. German software giant SAP revealed that U.S. tariff pressures were causing delays in client decisions, especially among industrials and manufacturers. But with signs that trade relations are normalizing, that phase of uncertainty is likely to recede. Lower tariffs and greater clarity are expected to enhance capital expenditure, global supply chain flows, and cross-border investment, benefiting international industrial ETFs like the iShares Global Industrials ETF EXI. U.S. and Global ETFs Set for Momentum Shift Along with ETFs on Europe and Asia, U.S.-based ETFs are also positioned to gain. Funds like SPDR S&P 500 ETF Trust SPY and Invesco QQQ Trust QQQ stand to benefit as American companies engaged in global trade see improved margins and renewed demand. At the same time, broad global ETFs such as the iShares MSCI World ETF URTH and SPDR MSCI ACWI ex-US ETF CWI offer diversified exposure to rising optimism across multiple regions, including Japan, Europe, and other major trading partners now in the negotiation pipeline. Want 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 Invesco QQQ (QQQ): ETF Research Reports SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Europe ETF (IEV): ETF Research Reports SPDR EURO STOXX 50 ETF (FEZ): ETF Research Reports iShares MSCI World ETF (URTH): ETF Research Reports iShares Global Industrials ETF (EXI): ETF Research Reports SPDR MSCI ACWI ex-US ETF (CWI): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
21-07-2025
- Business
- Yahoo
Block Surges on S&P 500 Inclusion: ETFs in Focus
Shares of Block Inc. XYZ jumped over 8.5% in extended trading on July 18, 2025, following news that the fintech company will join the S&P 500 index, replacing Hess. The addition becomes effective before the opening bell on July 23, according to a statement from S&P Dow Jones Indices. Recent Changes to the S&P 500 This marks the second alteration to the benchmark index last week. Earlier, ad-tech firm The Trade Desk was added to the S&P 500, taking the place of software company Ansys. The latter was acquired by Synopsys in a deal that concluded on Thursday. Hess exited the index following Chevron's successful $54 billion acquisition of the oil producer, beating Exxon Mobil in a legal dispute over valuable offshore assets in Guyana. Why Index Additions Boost Stocks Companies that join the S&P 500 typically experience a stock price boost. This is largely due to fund managers and index-tracking ETFs rebalancing their holdings to include the new entrant. While most changes happen during the S&P's quarterly rebalancing, off-cycle adjustments occur in cases of mergers and acquisitions. For instance, Datadog recently replaced Juniper Networks as part of a scheduled quarterly shuffle. Tech Sector Gains Another Member Block's addition further strengthens the tech presence within the S&P 500. Originally known as Square, the company gained widespread adoption through its payment terminals and later diversified into crypto, lending and broader financial services. The company rebranded to Block in 2021 to signal a stronger commitment to blockchain technologies. Performance and Market Position Block's stock remains down 16% year to date, lagging the broader market. Note that the Nasdaq has climbed over 8%, while the S&P 500 has risen 7%. However, the stock has surged 14.5% over the past month. However, with a market capitalization around $45 billion, Block still ranks well above the median company in the index. ETFs in Focus Against this backdrop, investors can bet on exchange-traded funds (ETFs) like Twin Oak Endure ETF SPYA, VanEck Digital Transformation ETF DAPP, Amplify Digital Payments ETF IPAY, Fidelity Disruptive Finance ETF FDFF and iShares FinTech Active ETF BPAY. These ETFs are heavy on Block. The ETF SPYA invests about 7% weight in Block shares, while other ETFs invest in the range of 4% to 6% in Block shares. Want 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 Amplify Digital Payments ETF (IPAY): ETF Research Reports VanEck Digital Transformation ETF (DAPP): ETF Research Reports Block, Inc. (XYZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
10-07-2025
- Business
- Yahoo
Tech ETFs Hit New Highs as NVIDIA Powers Market Rally
Want 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 Technology Select Sector SPDR ETF (XLK): ETF Research Reports VanEck Semiconductor ETF (SMH): ETF Research Reports ARK Innovation ETF (ARKK): ETF Research Reports iShares U.S. Technology ETF (IYW): ETF Research Reports Vanguard Information Technology ETF (VGT): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
03-07-2025
- Business
- Yahoo
Banks Lift Payouts Amid Successful Stress Test: ETFs in Focus
America's top banks announced plans to raise their third-quarter dividends following successful results from the Federal Reserve's latest annual stress test. The results indicate that the banks have sufficient capital to weather severe economic disruptions, including recession, high unemployment, and market instability. JPMorgan Chase, the largest U.S. bank, disclosed in a regulatory filing that it will increase its dividend to $1.50 per share, up from $1.40. In addition, the bank unveiled a new $50 billion share repurchase program, effective immediately, with no set end date. JPMorgan CEO Jamie Dimon stated that the share buyback gives the bank flexibility to return capital 'as we see fit,' reinforcing confidence in the financial system's resilience. Other banking giants followed suit with their own dividend hikes: Bank of America plans to increase its dividend by 8%, raising it to 28 cents per share. Wells Fargo will lift its dividend to 45 cents, up from 40 cents. Morgan Stanley will raise its dividend to $1 per share and has approved a $20 billion share buyback with no fixed duration. Goldman Sachs will boost its dividend to $4 compared to the previous $3. Citigroup will increase its payout to 60 cents per share from 56 cents. According to the Fed's 2025 stress test, banks on average maintained a Common Equity Tier 1 (CET1) capital ratio of 11.6%, well above the regulatory minimum of 4.5%. The six largest banks in the country all showed double-digit capital ratios, reflecting their ability to endure financial shocks. The Federal Reserve is currently working on changes to its stress testing methodology. In a proposal released in April, the central bank suggested averaging stress test results over two years, a move aimed at reducing outcome volatility and increasing predictability. Although the rule-making process is still in progress, the Fed said that if the results from 2024 and 2025 had been averaged, banks would have needed to hold more capital to satisfy the regulatory thresholds. Against this backdrop, financials-based exchange-traded funds (ETFs), such as Financial Select Sector SPDR Fund XLF, Vanguard Financials ETF VFH and Invesco KBW Bank ETF KBWB, should gain 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 Financial Select Sector SPDR ETF (XLF): ETF Research Reports Invesco KBW Bank ETF (KBWB): ETF Research Reports Vanguard Financials ETF (VFH): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
