SILJ Overview

Market Performance: Last week, the S&P 500 fell by 0.6%, while the Dow Jones rose by 1.1% and the Nasdaq dropped by 1.6%, primarily due to declines in tech stocks, including a 14% drop in Oracle's shares.

Federal Reserve Actions: The Fed implemented its final rate cut of the year, lowering the benchmark federal funds rate to 3.5%-3.75%, with projections indicating a more restrained outlook for 2026.

ETF Highlights: Notable ETF performances included significant gains in the cannabis sector, with the Roundhill Cannabis ETF up 51.2%, and strong performances in silver miners and the space economy, driven by rising demand and investor interest.

Emerging Trends: The Roundhill GLP-1 & Weight Loss ETF gained 6.3%, reflecting optimism in weight loss drugs as a major advancement in pharmaceuticals, while platinum prices surged due to anticipated market deficits.

ETF Performance: The Schwab Emerging Markets Equity ETF is underperforming, down approximately 3% in Thursday afternoon trading.

Weakest Components: Notable underperformers within the ETF include PDD Holdings, which fell by about 2.7%, and Tal Education Group, which decreased by about 1.9%.

Market Context: The article highlights the performance of specific ETFs and their components, indicating broader market trends.

Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.

ETF Performance: The iShares U.S. Pharmaceuticals ETF is underperforming, down approximately 0.9% in Friday afternoon trading.

Weakest Components: Key contributors to the ETF's decline include Eli Lilly and Phibro Animal Health, both down about 2.4% on the day.

Market Context: The article provides insights into the performance of specific ETFs and their components, reflecting broader market trends.

Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.

ETF Performance: The Amplify Junior Silver Miners ETF is down approximately 4.1% in Thursday afternoon trading, underperforming compared to other ETFs.

Weakest Components: Key contributors to the ETF's decline include Hycroft Mining Holding, which fell by about 7.6%, and Avino Silver & Gold Mines, which dropped by around 6.7%.

Market Context: The article provides insights into the performance of specific ETFs and their components, reflecting broader market trends.

Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent the opinions of Nasdaq, Inc.