Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News

News :
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 

TrackInsight: Negative performance for US Tech stocks

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/04/2019 | 10:15am EDT

ETFs related to US IT stocks lost 1,61% on average on Tuesday, September 3rd, thus lowering the year-to-date cumulated return of the segment.

ETFs related to US IT stocks lost 1,61% on average on Tuesday, September 3rd, thus lowering the year-to-date cumulated return of the segment below 30%, at 27,3%. This poor performance has not prevented investors from injecting almost $ 250 million in the 7 ETFs of the segment yesterday, which represents the second-largest daily inflows since the end of May. Nevertheless, investors withdrew $ 900 million from this segment in 2019, mainly due to the trade war between the US and China which directly affects the tech sector. This segment gathers $ 28 billion of assets under management, distributed across 7 ETFs.


© www.trackinsight.com 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
11:33pASIA MARKETS: Chinese Stocks Pulled Lower By Pharma, Tech Losses
DJ
11:32pHANMI SEMICONDUCTOR : as an official sponsor participated in ‘SEMICON Taiwan..
PU
11:27pANNOUNCEMENT OF THE INVITATION BY LI & FUNG LIMITED TO THE HOLDERS OF ITS OUTSTANDING US$750,000,000 5.250 PER CENT. NOTES DUE 13 MAY 2020 (ISIN : Xs0507147725; common code: 050714772) to tender for purchase for cash any and all of the outstanding notes
PU
11:27pZTE : Wins the Greatest Commercial Potential for Edge Computing Concept Award
PU
11:24pChinese farm official says 'good outcome' from trade talks - state media
RE
11:22pCOMPUTERSHARE : Daily share buy-back notice - Appendix 3E 23 Sept...
PU
11:16pNEWS HIGHLIGHTS : Top Company News of the Day
DJ
11:16pNEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
11:14pEXPLAINER : Thomas Cook collapses - What next and why?
RE
11:12pWING ON INTERNATIONAL : 2019 Interim Report
PU
Latest news