Growth ETFs Rise as Traders Brace for Fed Policy Adjustments

Growth were supported by strength in the technology segment Thursday as investors braced for potential tapering in the Federal Reserve’s bond purchasing program. Fueling bets that the Fed will begin rolling back its accommodative policies, data from the Labor Department on Thursday revealed weekly unemployment claims dipped to a 17-month low, which further supported the view of a recovering job market, Reuters reports .

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New Fed Minutes Suggest a Tapering Decision Could Finally Be Here

It’s been on investors’ minds and tongues for some time now, and today the Federal Reserve finally mentioned a plan to begin tapering its asset purchases during the Federal Open Market Committee (FOMC) minutes. Federal Reserve officials at their July gathering discussed how they will start to curb the rate of their monthly bond buying most likely before the end of 2021, according to meeting minutes released Wednesday.

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Semiconductors: The Foundation for Nearly All Disruptive Tech

In the disruptive technology lexicon, whether it’s artificial intelligence, electric vehicles, healthcare innovation, video games, and much, much more, semiconductors are vital. Given the ubiquity and necessity of chips to power the technologies of tomorrow, investors looking for a more conservative approach to disruptive and thematic investing may want to opt for a tried-and-true standby with the VanEck Vectors Semiconductor ETF (SMH) .

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