Equity mutual funds experienced a downturn last week, with the majority of 573 funds reporting negative returns, some losing up to 5%. Global indices also reflected this trend, with Hang Seng, Dow Jones, Nasdaq, and S&P 500 all declining.
BlackRock expands AI push with new robotics ETF as investor enthusiasm cools
BlackRock has launched a new robotics focused ETF as investors become more selective about AI investments. The fund targets companies using intelligent machines across industries