Innovator Adds Nov. Buffer ETF Lineup

Innovator ETFs today added to its lineup of defined outcome ETFs with another trio of funds that provide downside protection while limiting the upside investors can realize. The funds reset their buffers and adjust their upside caps on an annual basis. The funds each charge an expense ratio of 0.79% and list on Cboe Global Markets, the parent company of ETF.com. The funds are all actively managed but seek to replicate the performance of the S&P 500 Price Index using flexible exchange (FLEX) options on the index. The funds, their…

November 1, 2019 Weekly Market Recap

November 2, 2018 Weekly Market Recap

The S&P 500 (+1.5%) and Nasdaq Composite (+1.7%) both set record highs in this macro-driven week that featured the Fed, economic data, earnings reports, and trade news. The Dow Jones Industrial Average rose 1.4%, and the Russell 2000 rose 2.0%. The Fed is a good place to start after it cut the target range for the fed funds rate by 25 basis points to 1.50-1.75%. This was expected, but the central bank signaled that another quarter-point cut shouldn’t be expected soon. Fed Chair Powell added that he would need to…