SURVEY How do you feel about Elon Musk's alliance with Donald Trump? Take our poll. NYSEArca ? USD Fidelity High Dividend ETF (FDVV) Follow 51.56 +0.08 (+0.16%) At close: 4:00 PM EDT 51.69 +0.13 (+0.25%) After hours: 5:05 PM EDT Related ETF News Can the Rally in Precious Metals ETFs Continue? Gold and silver prices have been climbing in recent tradings. Can the rally continue? Zacks ? 3 hours ago SLV GLD Amplify ETF Adds AI Tilt to Cloud ETF AIVC emerges from Amplify’s acquisition of ETF Managers Group. etf.com ? yesterday ROBO AIQ HACK Nuclear energy: Small modular reactors' role in fueling AI boom The growing energy appetite to power AI and data center technologies has led companies to search for clean and cost-efficient energy sources, most notably nuclear power. Tech companies like Amazon (AMZN), Microsoft (MSFT), and Alphabet's Google (GOOG, GOOGL) have been signing deals with developers to build out small modular reactors (SMRs) to meet their energy needs. Yahoo Finance special reporter Akiko Fujita dives into the details, highlighting Big Tech's rising interest in the future of nuclear energy. She notes the benefits these SMRs could pose for power grids while no commercial modular reactors have been completed in the US yet. X-energy CEO Clay Sell sat down with Catalysts earlier today to discuss Amazon's investment into the nuclear reactor designer's SMR plans. Watch Kairos Power CEO Mike Laufer interview with Yahoo Finance last week about the nuclear power startup's partnership with Google. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith Yahoo Finance Video ? yesterday GOOG XLU AMZN Here’s one economic message from the Costco gold bar craze Gold prices continue to hit fresh records. Here's one possible message from the safe-haven move. Yahoo Finance ? yesterday COST GLD NEM 2 ETFs That Billionaire Ken Griffin Is Buying Hand Over Fist The billionaire hedge fund manager can't seem to get enough of these ETFs. Motley Fool ? yesterday SPY AMZN QQQ Tesla, Boeing, UPS highlight earnings rush: What to know this week Investors can expect key earnings from Tesla and Boeing as well as consumer sentiment data in the week ahead. Yahoo Finance ? 2 days ago AMZN XLU BA ERCOT stepping in to help Texas grid prep for energy demand spike Texas is among the states seeing the fastest-growing energy demands, with the Electric Reliability Council of Texas (ERCOT) working to expand grid operations and meet customers' electricity needs. ERCOT CEO Pablo Vegas comes on Market Domination Overtime to talk about how the council is planning to satisfy grid demands "Now we're starting to see some of these larger loads coming in faster, like the data centers," Vegas says about AI data centers' expected strain on power grids. "And what we've been doing is we've been planning for this eventuality over the last several years. We are seeing tremendous growth in renewables on the electric grid." He explains one aspect of the regulatory process that allows the Texas grid to get ahead of power consumption strains: "One of the things we do is a process that we call 'connect and manage,' where when a generator wants to come onto the grid, we do not require if there's the potential for any transmission level constraints for that generator, we don't require the whole transmission system to be upgraded before that generator can come online. A lot of other parts of the US do require that, and that's what can take so many years in other parts of the US to develop new power supply." Pablo advises other states' operators to "be nimble" on their regulatory processes and try to find "balance" in growing power supplies, maintaining reliability on said sources. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 3 days ago XLU XLE Fed cut had 'psychological impact' on real estate: Redfin CEO US pending home sales surged 2.5% in September, marking the largest monthly increase in over a year and a half, according to a Redfin report. Redfin (RDFN) CEO Glenn Kelman joins Wealth! to share his insights on the current housing market dynamics. The 30-year fixed mortgage rate spiked to 6.44%, rising for the third consecutive week. Kelman emphasizes homebuyers' resilience in today's market, particularly their responsiveness to rate fluctuations. "We see people trying to lock a rate on a Friday before it goes up on a Monday," he explains. The Federal Reserve's September rate decision had a psychological impact, triggering what Kelman describes as a "change in the real estate industry." While acknowledging the impact of interest rates on housing affordability, Kelman points to some positive developments. Despite elevated median mortgage rates, monthly payments have decreased by an average of $300 since April, which Kelman says is helping to keep potential buyers engaged: "so people are still staying in the game." Looking ahead to the presidential election, Kelman doesn't anticipate immediate changes to the housing sector, whether under a Trump or Harris administration. Instead, he draws a parallel to the Federal Reserve's influence: "I think many people are waiting the same way they were waiting on the Fed. When the Fed made its cut, it didn't actually affect mortgage rates, but it did affect consumer psychology, and I think when the election is over, it won't actually immediately affect inventory home prices or anything like that, but it might affect homebuyer and home seller psychology." Kelman came on Yahoo Finance in September and commented on the US housing market and policy expectations from Vice President Kamala Harris and former President Donald Trump. Here's what he had to say: One thing Redfin's CEO would like to hear Harris, Trump address America has forgotten how to build homes: Redfin CEO To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith Yahoo Finance Video ? 4 days ago XLRE RDFN XHB Gold Tops 2700: ETFs to Tap the Metal's Rally Gold tops $2,700 per ounce for the first time and is outperforming the broader market index. Investors have a long list of options to tap the metal's rally. Zacks ? 4 days ago ^GSPC GLD Housing affordability is getting tougher. Here's why and how. The average rate on a 30-year fixed mortgage rose for the third week in a row to 6.44%. As housing affordability remains a key issue for Americans, Market Domination Host Julie Hyman analyzes a Bloomberg Economics chart showing the percentage of monthly income homebuyers are putting toward mortgage payments. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Melanie Riehl Yahoo Finance Video ? 4 days ago XLRE XHB Homebuilder confidence hit 4-month high in October. Here's why. According to the latest data from the National Association of Home Builders (NAHB), confidence among home builders rose to a four-month high in October. Jim Tobin, NAHB CEO, joins Wealth! to break down the state of the housing market and how the election may impact home builders. Tobin explains that home builder confidence is up because of falling interest rates. He tells Yahoo Finance that the Federal Reserve's rate-cutting cycle "is really giving our members, and our survey members in particular, a feeling that we're on the backside of the bad news and that we are looking forward to a lower interest rate environment, certainly for mortgage rates in the future, and that the market is going to come back strong." As the election looms ahead, Tobin explains, "I travel all over the country, talk to builders and homebuyers everywhere. And there really is this kind of constriction in the market because of the political environment right now. Knowing who's going to be at the top of the economy and what kind of philosophy is going to take hold as far as the next four years, I think has really kind of put people in a bit of a pause here, even though rates have fallen." With so much uncertainty, he advises against waiting on the sidelines for Congress to act. While the Harris Campaign has promised incentives for both home buyers and builders, he explains that these plans will have to work their way through Congress, which could take a long time before coming into law. He adds that both candidates see housing — particularly supply — as a top priority. He particularly likes policies focused on supply more than on prices, like measures such as rent control. "I think anything that suppresses prices artificially and gets federal intervention into the marketplace, that scares me," he says. "I think overall, the fact that we've got both candidates talking about housing really earns them a lot of credibility in our builders' minds, and gives us opportunity that no matter who wins the white House, housing is going to be the top of their agenda," Tobin concludes. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Melanie Riehl Yahoo Finance Video ? 5 days ago DHI PHM XLRE What are mortgage spreads and how can they ease rates lower? Looking for relief from rising mortgage rates? Yahoo Finance senior housing reporter Claire Boston sits down with Brad Smith on Wealth to talk about this "little-known factor" that could help ease mortgage rates: mortgage spreads. She explains the dynamic of declining mortgage spreads and what it means for US homebuyers as they contend with condo shortages. Read up on Claire's coverage of rising mortgage rates this week. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 5 days ago TOL DHI KBH Mortgage rates jump for third week. How do homebuyers feel? Mortgage rates rose for the third consecutive week, according to the latest data out from Freddie Mac, pushing the 30-year fixed rate mortgage to 6.44%. Yahoo Finance senior housing reporter Claire Boston breaks the latest mortgage rates and explains the implications this has for potential homebuyers struggling to find affordable options in the US housing market. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 5 days ago XHB XLRE SPY Helps State Street Top Vanguard in Monthly Flows Morningstar report shows inflow rebound for SSGA and big bond ETF flows. etf.com ? 6 days ago SPLG SPY QQQ Tech is leading markets higher — but 3 other sectors have joined in: Morning Brief Taking stock of year three of the bull market shows that the rally is spreading out beyond the Magnificent Seven — and even beyond tech. Since the market's recent lows, three other non-tech sectors have taken up the mantle. Yahoo Finance ? 6 days ago GS VST JPM Investor sentiment sees biggest jump since June 2020 — but offers a sign of caution Investors are growing increasingly bullish about the outlook for stocks as the Federal Reserve cuts interest rates. But are investors a little too bullish? Yahoo Finance ? 7 days ago ^DJI SPY ^IXIC Investors Sent Billions More Into China ETFs Last Week Inflows totaled more than $6.5 billion for the top China ETFs last week. etf.com ? 8 days ago FXI ASHR MCHI 1 in 4 Americans struggle with housing costs: Census Bureau The persistent challenge of affordability in the housing sector has left many Americans questioning their ability to purchase a home. Yahoo Finance Housing Reporter Dani Romero analyzes the factors contributing to this widespread concern. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith Yahoo Finance Video ? 8 days ago XHB XLRE Gold prices muted; copper weakens as China stimulus underwhelms Investing.com-- Gold prices steadied in Asian trade on Monday as traders awaited more cues on U.S. interest rates from a string of Federal Reserve speakers this week, while bets on a November cut persisted. Investing.com ? 8 days ago GLD The bull market is 2 years old. Here's where Wall Street thinks stocks go next. Wall Street strategists believe there could be further gains ahead for the S&P 500 as the bull market enters its third year. Yahoo Finance ? 10 days ago ^DJI QQQ ^IXIC Performance Overview Trailing returns as of 10/21/2024. Category is Large Value. Return FDVV Category YTD +24.36% +15.90% 1-Year +39.65% +27.14% 3-Year +13.41% +9.58%
