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Add as a preferred source on GoogleMemory-Chip ETFs See Outflows and Price Drops as S&P 500 Breadth Widens
Broader participation has not produced meaningful gains for the index as memory-chip ETFs see outflows and price declines.
Outflows and price declines in memory-chip ETFs coincided with broader participation in S&P 500 gains, which has not yet produced meaningful gains for the index.
The trend comes amid concerns about memory-chip valuations, while an earlier assessment of the selloff described the decline as out of step with business fundamentals.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.