In The News
"Las Vegas Sands, Wynn, Caesars, Penn National Gaming and MGM Resorts have all surged in recent days, getting a big boost Tuesday after gambling destination Macao eased restrictions for visitors from mainland China."
"Investors fled emerging-market exchange traded funds for a second week, spooked by the risk of China's regulatory crackdown."
Note: Make sure to subscribe to the free daily note to quickly spot trends across the most popular ETF market segments. As seen in the Emerging Markets section from yesterday, 30-day rolling flows in emerging market ETFs just turned negative for the first time since last fall.
"Chief executives from Apple, Amazon.com, Microsoft, and Google's parent Alphabet are among the leaders set to meet with President Joe Biden and members of his administration to discuss efforts to improve the U.S.'s cybersecurity. Amid antitrust concerns, collaboration with the White House could be a positive sign."
"This year has been disappointing for biotech investors, but Pfizer's planned acquisition of Trillium Therapeutics shows things aren't as bleak as they seem"