The Zacks Analyst Blog Highlights Sprott Junior Gold Miners ETF, Strive U.S. Semiconductor ETF, Amplify U.S. Alternative Harvest ETF and Amplify Junior Silver Miners ETF
Market Performance: Major U.S. stock indexes experienced their best week of the year, with the S&P 500 rising 3.9% and driven by positive retail sales data and Walmart's earnings report, alleviating recession fears.
Top Performing ETFs: Notable ETFs such as the Sprott Junior Gold Miners ETF and Strive U.S. Semiconductor ETF saw significant gains last week, reflecting strong investor interest in sectors like gold mining and semiconductors amidst favorable economic indicators.
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As the dollar's global standing declines, Americans face higher prices or reduced purchases.
- Labor Competition: Democratic countries struggle to compete with the low labor costs in Communist China, where the government enforces long working hours and hazardous conditions.
- Worker Rights: The Chinese Communist Party's control allows for exploitation of workers, leading to low or no pay, which poses challenges for democratic nations in maintaining fair labor standards.
Last Week's Six Best-Performing ETF Sectors
Market Performance: Last week, the S&P 500 fell by 0.6%, while the Dow Jones rose by 1.1% and the Nasdaq dropped by 1.6%, primarily due to declines in tech stocks, including a 14% drop in Oracle's shares.
Federal Reserve Actions: The Fed implemented its final rate cut of the year, lowering the benchmark federal funds rate to 3.5%-3.75%, with projections indicating a more restrained outlook for 2026.
ETF Highlights: Notable ETF performances included significant gains in the cannabis sector, with the Roundhill Cannabis ETF up 51.2%, and strong performances in silver miners and the space economy, driven by rising demand and investor interest.
Emerging Trends: The Roundhill GLP-1 & Weight Loss ETF gained 6.3%, reflecting optimism in weight loss drugs as a major advancement in pharmaceuticals, while platinum prices surged due to anticipated market deficits.
ETF Movers on Thursday: SILJ, SCHE
ETF Performance: The Schwab Emerging Markets Equity ETF is underperforming, down approximately 3% in Thursday afternoon trading.
Weakest Components: Notable underperformers within the ETF include PDD Holdings, which fell by about 2.7%, and Tal Education Group, which decreased by about 1.9%.
Market Context: The article highlights the performance of specific ETFs and their components, indicating broader market trends.
Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
ETF Movers for Friday: SILJ, IHE
ETF Performance: The iShares U.S. Pharmaceuticals ETF is underperforming, down approximately 0.9% in Friday afternoon trading.
Weakest Components: Key contributors to the ETF's decline include Eli Lilly and Phibro Animal Health, both down about 2.4% on the day.
Market Context: The article provides insights into the performance of specific ETFs and their components, reflecting broader market trends.
Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
ETF Movers for Wednesday: SILJ and HACK
- ETF Performance: The Amplify Cybersecurity ETF is underperforming, down approximately 0.8% in Wednesday afternoon trading.
- Weakest Components: Notable declines among its components include Zscaler, which fell by about 10.2%, and Fastly, which decreased by about 5.4%.
- Market Context: The article mentions the performance of other ETFs, specifically highlighting the ETF Movers for the day.
- Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
ETF Movers on Thursday: CATH, SILJ
ETF Performance: The Amplify Junior Silver Miners ETF is down approximately 4.1% in Thursday afternoon trading, underperforming compared to other ETFs.
Weakest Components: Key contributors to the ETF's decline include Hycroft Mining Holding, which fell by about 7.6%, and Avino Silver & Gold Mines, which dropped by around 6.7%.
Market Context: The article provides insights into the performance of specific ETFs and their components, reflecting broader market trends.
Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent the opinions of Nasdaq, Inc.
As the dollar's global standing declines, Americans face higher prices or reduced purchases.
- Labor Competition: Democratic countries struggle to compete with the low labor costs in Communist China, where the government enforces long working hours and hazardous conditions.
- Worker Rights: The Chinese Communist Party's control allows for exploitation of workers, leading to low or no pay, which poses challenges for democratic nations in maintaining fair labor standards.
Last Week's Six Best-Performing ETF Sectors
Market Performance: Last week, the S&P 500 fell by 0.6%, while the Dow Jones rose by 1.1% and the Nasdaq dropped by 1.6%, primarily due to declines in tech stocks, including a 14% drop in Oracle's shares.
Federal Reserve Actions: The Fed implemented its final rate cut of the year, lowering the benchmark federal funds rate to 3.5%-3.75%, with projections indicating a more restrained outlook for 2026.
ETF Highlights: Notable ETF performances included significant gains in the cannabis sector, with the Roundhill Cannabis ETF up 51.2%, and strong performances in silver miners and the space economy, driven by rising demand and investor interest.
Emerging Trends: The Roundhill GLP-1 & Weight Loss ETF gained 6.3%, reflecting optimism in weight loss drugs as a major advancement in pharmaceuticals, while platinum prices surged due to anticipated market deficits.
ETF Movers on Thursday: SILJ, SCHE
ETF Performance: The Schwab Emerging Markets Equity ETF is underperforming, down approximately 3% in Thursday afternoon trading.
Weakest Components: Notable underperformers within the ETF include PDD Holdings, which fell by about 2.7%, and Tal Education Group, which decreased by about 1.9%.
Market Context: The article highlights the performance of specific ETFs and their components, indicating broader market trends.
Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
ETF Movers for Friday: SILJ, IHE
ETF Performance: The iShares U.S. Pharmaceuticals ETF is underperforming, down approximately 0.9% in Friday afternoon trading.
Weakest Components: Key contributors to the ETF's decline include Eli Lilly and Phibro Animal Health, both down about 2.4% on the day.
Market Context: The article provides insights into the performance of specific ETFs and their components, reflecting broader market trends.
Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
ETF Movers for Wednesday: SILJ and HACK
- ETF Performance: The Amplify Cybersecurity ETF is underperforming, down approximately 0.8% in Wednesday afternoon trading.
- Weakest Components: Notable declines among its components include Zscaler, which fell by about 10.2%, and Fastly, which decreased by about 5.4%.
- Market Context: The article mentions the performance of other ETFs, specifically highlighting the ETF Movers for the day.
- Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
ETF Movers on Thursday: CATH, SILJ
ETF Performance: The Amplify Junior Silver Miners ETF is down approximately 4.1% in Thursday afternoon trading, underperforming compared to other ETFs.
Weakest Components: Key contributors to the ETF's decline include Hycroft Mining Holding, which fell by about 7.6%, and Avino Silver & Gold Mines, which dropped by around 6.7%.
Market Context: The article provides insights into the performance of specific ETFs and their components, reflecting broader market trends.
Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent the opinions of Nasdaq, Inc.
