Asia set for cautious start amid Hawkish Fed views: Markets Wrap
Asian stocks are set for a cautious start Friday as traders weigh hawkish Federal Reserve comments ahead of the Jackson Hole symposium and geopolitical tension following blasts in Afghanistan.
Futures were steady for Japan and Hong Kong but lower for Australia. U.S. contracts inched higher. The S&P 500 fell from a record overnight, in part as some Fed officials said the time to start tapering stimulus is near. Meanwhile, President Joe Biden vowed retaliation for deadly blasts outside Kabul airport that stoked tension as the U.S. evacuates the area. The dollar held a climb.
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Investors looking to capitalize on this year’s meme-stock mania without having to scour Reddit message boards may soon be able to through an Exchange-Traded Fund.
The Roundhill MEME ETF will screen stocks based on their social media activity and levels of short interest, according to a Securities and Exchange Commission filing Thursday. The ETF will rebalance every two weeks based on the holdings’ "social media score" over a trailing 14-day period.
The VanEck Vectors Social Sentiment ETF, which is backed by Barstool Sports Inc founder Dave Portnoy, invests in stocks that are popular on social media and has gained 10% since its launch in March, underperforming versus the ...

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Top 5 stocks from different platforms is a collection of top trending stocks from major investment platforms and social media, giving investors a list of trending stocks across places.
Moomoo selected the hottest stocks from Robinhood and Investing.com; the most active stocks from Yahoo Finance, Stocktwits, and moomoo; also, the most mentioned stocks across social media platforms captured by SwaggyStocks.
Latest News for Top Stocks:
- This week's rally for ...