XNTK

The private bank to Queen Elizabeth II is lavishing millions of dollars in a high-stakes bet on a Brexit deal in the teeth of market scepticism.

Strategists predict a tougher period ahead for U.S. corporate bonds after a slide in equities to more appealing levels.

Inflation, dormant for a decade, captured the market’s attention all summer, with unprecedented Federal Reserve stimulus and a $2 trillion federal spending package set to juice prices.

The exodus from high-yield debt shows few signs of easing, with investors pulling hundreds of millions of dollars more from the largest exchange-traded funds that buy junk bonds as a global index tracking the securities erases its 2020 gains.

SPDR NYSE Technology ETF (XNTK) - $0.0650.30-Day SEC Yield of 0.34% as of Sept. 18.Payable Sep 24; for shareholders of record Sep 22; ex-div Sep 21.

Perhaps one of the biggest events in its company history arrives today when Tesla (NASDAQ: TSLA) holds its highly anticipated Battery Day.

Investors have been on a wild ride over the past week as tech stocks plunged, dragging down major global indexes with them.Some are suggesting this is the start of another dramatic sell-off, similar to the spring of 2000, when the “tech bubble” burst. I highly doubt that.I think of this rout not so much as a correction, but as a digestion given that the NASDAQ Composite rose more than 60% from its March bottom in the course of less than six months.