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Mutual fund conversions to ETFs set to gather momentum, experts say

Moves by two US asset managers to convert some of their mutual funds into exchange traded funds could trigger a wave of copycat manoeuvres by rival houses, industry figures believe. Texas-based Dimensional Fund Advisors said this week it intends to convert six of its mutual funds, with total assets of $20bn, into actively managed ETFs… Continue reading Mutual fund conversions to ETFs set to gather momentum, experts say

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Mark Hulbert: Momentum stocks may get an end-of-the-year push, history shows

The next six weeks are shaping up to be especially good for momentum strategies in the stock market. Such strategies lead investors to typically buy the winning stocks over the trailing year and sell (or sell short) the losers. This year the pattern is likely to be particularly strong, for two reasons. The first is… Continue reading Mark Hulbert: Momentum stocks may get an end-of-the-year push, history shows

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Mutual Funds Weekly: These money and investing tips can help you ride the stock market’s year-end momentum

Don’t miss these top money and investing features: These money and investing stories, popular with MarketWatch readers over the past week, offer insight about how the stock market typically performs in December and give tips and advice about what you can do to stay on the upside of any year-end momentum. Sign up here to get… Continue reading Mutual Funds Weekly: These money and investing tips can help you ride the stock market’s year-end momentum

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Global stocks lose momentum as Covid-19 vaccine rally fades

Asia-Pacific stocks struggled for direction as investor exuberance over the prospect of a Covid-19 vaccine faded, while Chinese technology stocks mounted a tentative recovery after tumbling over stricter regulations. Japan’s Topix index shed 0.1 per cent and Australia’s S&P/ASX 200 fell 0.3 per cent on Thursday, while Hong Kong’s Hang Seng rose 0.7 per cent… Continue reading Global stocks lose momentum as Covid-19 vaccine rally fades

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Europe Markets: European stocks, U.S. futures lose momentum after vaccine trial pause

FILE – This September 2020 photo provided by Johnson & Johnson shows a single-dose COVID-19 vaccine being developed by the company. AP European stocks edged lower Tuesday, losing momentum after the pause of a key coronavirus trial as traders waited for earnings from some of the world’s leading banks. Up 0.7% on Monday, the Stoxx… Continue reading Europe Markets: European stocks, U.S. futures lose momentum after vaccine trial pause

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Asia stocks struggle for momentum after Wall Street rally

Shares across Asia Pacific struggled for direction in spite of a rally on Wall Street as investor fears waned over the potential for a disputed result in the US presidential election. Japan’s Topix index was flat in morning trading on Tuesday as Australia’s S&P/ASX 200 climbed 1.1 per cent. China’s CSI 300 index of Shanghai-… Continue reading Asia stocks struggle for momentum after Wall Street rally

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The Ratings Game: Snowflake’s growth momentum draws cheers, but valuation concerns remain

More than a dozen analysts initiated coverage of Snowflake’s stock Monday, weeks after the company came public. NYSE Red-hot software stock Snowflake Inc. found some new fans Monday, while others balked at its sky-high valuation. The majority of analysts who initiated coverage of Snowflake SNOW, +2.50% on Monday chimed in with bullish ratings, just a… Continue reading The Ratings Game: Snowflake’s growth momentum draws cheers, but valuation concerns remain

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The growing momentum towards curbing Big Tech

For America’s big technology companies, 2020 has been the best and worst of times. The coronavirus pandemic has played to their strengths, as millions have relied on them for online shopping, entertainment and business and social contact. Their ability to prosper through lockdown has propelled their market values to new highs. But this year may… Continue reading The growing momentum towards curbing Big Tech

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European stocks fall as September slide gains momentum

European stocks dropped on building concerns over whether the second coronavirus wave will knock the continent’s economic recovery off course. The regional Stoxx 600 was down about 1 per cent at lunchtime in London, leaving it off almost 4 per cent from the end of August. That would leave September as the worst month for… Continue reading European stocks fall as September slide gains momentum

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Asian stocks struggle for momentum ahead of Fed decision

Asian stocks struggled for direction ahead of an interest rate decision from the US Federal Reserve, while China’s currency gained more ground against the dollar. China’s CSI 300 index of Shanghai- and Shenzhen-listed stocks fell 0.3 per cent in early trading on Wednesday as Japan’s Topix index and Hong Kong’s Hang Seng both rose 0.3… Continue reading Asian stocks struggle for momentum ahead of Fed decision