U.S. dividend ETFs garnered $3.05 billion in September after the Fed’s rate reduction, reflecting a hunt for income amid expected yield drops. However, rising 10-year Treasury yields and the S&P 500’s high valuations may influence future inflows.
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to