

While the US stock market has delivered strong gains in recent years, it's important for investors to heed the warnings of seasoned professionals like Morgan Stanley's Mike Wilson.

First Trust Advisors has launched two new actively managed intermediate fixed income ETFs on the New York Stock Exchange. The First Trust Intermediate Duration Investment Grade Corporate ETF (NYSE Arca: FIIG) invests in in investment grade corporate debt.

The latest talks between U.S. President Joe Biden and top Republican Kevin McCarthy regarding the debt ceiling have been described as productive, but a deal has not yet been reached.

First Trust Advisors announced that it has launched the First Trust Multi-Strategy Alternative ETF (NYSE Arca: LALT), an actively managed ETF that seeks to provide long-term total return. The fund will primarily gain exposure to alternatives by investing in exchange traded products, including ETFs, exchange traded notes, and trusts backed by physical commodities or currencies.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.