Time Aktie
WKN DE: A11312 / ISIN: US8872281048
02.10.2024 11:37:00
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China's Stimulus and Interest Rate Cuts Are Great News for This Vanguard ETF, Which Just Hit an All-Time High and Could Have More Room to Run
China released a stimulus package that includes lower reserve requirements for banks, lower interest rates, measures to encourage stock buybacks, homebuyer relief, and more.Chinese stocks and exchange-traded funds (ETFs) -- many of which have been underperforming the S&P 500 by a wide margin in recent years -- surged in response to the news. But so did the Vanguard Materials ETF (NYSEMKT: VAW), which reached a new intraday all-time high on Friday.Here's a primer on the ETF and why it could be worth buying now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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