Tesla’s Wild Ride While Markets Rise & Fall On COVID Concerns – Daily Financial Summary For Monday, July 13, 2020
The S&P 500 ended the day down 0.9%, the Nasdaq was down 2.1%, while the Dow Jones managed to sneak back up to positive territory at the close of the markets to be up about 0.04%.
The S&P 500 touched positive territory for 2020 just briefly today, before markets turned downward following there morning rallies out of the weekend. The Nasdaq was up as much as 1.95% before tumbling to close the day 2.1% in the red. The Dow and S&P 500 were coming off of two weeks of gains, and the Nasdaq was on a three-week run. It remains unseen how the rest of the week will play out.
Tech industry leaders Facebook, Alphabet, and Amazon fell at least 1.7% on the day, despite the optimism that these companies remain limited by COVID-19 impacts among investors.
ETF TRENDS: Top Exchange Traded Funds (ETFs) To Earn At Least 3% Yield
Interest rates, at record lows, have made it extremely difficult for investors to generate solid current income in the capital markets. The situation is the same in many countries, given the meager interest rates from government bonds. Traders are increasingly turning to Exchange Traded Funds, or ETFs, to bolster investment portfolios given their sizeable and benchmark beating yields.
High yielding ETFs are increasingly providing investors with avenues to compensate for capital losses in the equity markets. ETFs that offer 3% yields and above and have decent price performance could be the best alternatives for riding the challenging environment fueled by COVID-19.
Amid the disruptions triggered by COVID-19, some ETFs continue to outperform the overall stock market at the back of a perfect opportunity fuelled by the pandemic. ETFs focused on e-commerce outlets have emerged as ideal investment alternatives for riding out the challenging investment environment.
READ MORE: https://callputstrike.com/2020/07/13/top-exchange-traded-funds-etfs-to-earn-at-least-3-yield/
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