E-Learning

Vanguard files for new ex-China emerging markets ETF

(Reuters) -Asset management giant Vanguard Group plans to launch a new exchange-traded fund (ETF) that will target emerging markets while excluding China, joining a growing niche shaped by investor debate over China's role in global portfolios. The Vanguard Emerging Markets ex-China ETF will make its debut later this summer. Many investors have been unsettled by turmoil surrounding China's trade relationship with the United States, even as better performance from Chinese stocks means some are reluctant to remove them from funds altogether.

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Why Meta Platforms Stock Jumped 18% in May

Meta jumped on a strong earnings report and a thaw in U.S. and China tensions. The social media giant may also be benefiting from trouble at Alphabet. Shares of Meta Platforms (NASDAQ: META) were moving higher last month after the social media giant jumped on a better-than-expected earnings report, and the stock gained again in the second week of May on news of a detente in the trade war between the U.S. and China.

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Trade tension turns to tentative hope

The new trading month got off to a cautious start on Monday, with risk appetite sapped by the U.S.-China trade standoff and bubbling military tensions around the world, although a closely-watched tracking estimate of U.S. growth helped drive a late rally on Wall Street. In my column today I look at how, despite the drop in profits in the first quarter, corporate America is well-prepared to face the economic storm that may be coming its way. Indeed, corporate America has rarely been in better shape.

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