Stock Market Today: Live Updates

8 hours ago

According to State Street, investors seeking income bought up $1.6 billion of these ETFs in June

Investors moved to a riskier approach in the fixed-income market in June as exchange-traded funds with bank loans and secured loan obligations saw more than $1.6 billion in cash flows, State Street found.

The funds have seen inflows for 13 consecutive months, receiving more than $18 billion during that period, according to Matthew Bartolini, head of SPDR Americas Research at State Street Global Advisors.

Certain stocks in this sector offer 30-day SEC returns of more than 6%.

More information about these higher-yielding ETFs can be found here.

Darla Market

8 hours ago

Tesla posts 10 consecutive winning days

The electric vehicle maker posted a 3.7% gain on Tuesday, marking Tesla’s 10th straight positive session.

Since the last day of decline – June 24 – the stock has risen about 43%. Over the past month, the stock has risen nearly 48%.

Even with the strong rally, shares are up a modest 5.6% in 2024, while they are still down more than 4% over the past year.

Tesla’s latest surge was helped by the automaker’s second-quarter production and deliveries report, released last week. Deliveries for the period came in at 443,956, compared with the 439,000 analysts had expected, according to StreetAccount.

Darla Markt, Jason Gewirtz

9 hours ago

Stock futures open little changed

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