Cathie Wood’s ARK Investment Management, an equities fund that targets growth and innovation stocks, is off to a poor start in 2022 and continuing its downward pattern from last year. Wall Street extended its rough start to the new year Monday, with the leading benchmark indexes in the red. But Wood’s exchange-traded funds (ETFs) have…
Surging Treasury Yields Batter Amid Broad Tech Selloff
NEW YORK—A broad selloff in technology and growth names battered the flagship fund of star stock picker Cathie Wood’s ARK Invest, as investors shifted away from tech shares amid a sharp rise in Treasury yields. The ARK Innovation ETF, which had $21.4 billion in assets as of last week, according to Refinitiv, fell 4.2 percent…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`