ETFs & Funds
Big index funds track the market’s quiet rise
U.S. stock funds finish higher with equities, while the main bond fund slips.
The major index funds track the broader market. SPY rises 0.3%, VFIAX falls 0.3%, FXAIX drops 0.3%, and VTSAX gains 0.3%. VTI also rises 0.3%, while VWELX slips 0.3%.
The growth tilt remains visible in QQQ, which gains 0.7%, while IWM adds 0.6%. EFA rises 0.4% as overseas equities also finish firmer in parts of Asia and Europe.
On the fixed-income side, TLT edges down 0.1% and VBTLX adds 0.1%. GLD rises 1.0%, matching the strong move in gold futures.
The day’s fund action mirrors the market’s core split, strong in tech and risk assets, still uneasy in rates and bonds.