State Street Investment Management introduces 11 Select Sector SPDR Premium Income ETFs, combining sector exposure with covered-call approach for income.
Among key user metrics, family daily active people (DAP) rose 6% YoY to 3.48 billion, ad impressions climbed 11%, and average price per ad increased 9%.
Meta Platformsis expected to report its 11th consecutive revenue beat, attracting attention from stock pickers and ETF investors due to its growing presence in Big Tech and AI-themed ETFs.
Wall Street looked set to close the week on a high note, with large-cap benchmarks pushing higher in Friday's midday trading as optimism over corporate earnings and progress on global trade talks provided support for risk assets.
The earnings per share increased to $2.31 from $1.89 a year ago, with the top line reaching $96.43 billion, exceeding the Fiscal.ai-compiled consensus of $2.2 and $94.02 billion.
Wall Street opened the week on a risk-on footing, with the S&P 500 and the Nasdaq 100 extending record highs as strong earnings reinforced confidence in corporate America and investors continued to shrug off trade tensions.
