iShares MSCI Global Gold Miners ETF

The Motley Foolwww.fool.com

Gimbal Financial initiated a new $4.93 million position in iShares MSCI Global Gold Miners ETF (RING) in Q3 2025, representing 2.96% of its reportable assets. The gold mining ETF has significantly outperformed the S&P 500 this year.

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RING

Benzingawww.benzinga.com

Newmont Corporation has sold its Cripple Creek & Victor mine in Colorado to SSR Mining Inc. for up to $275 million, as part of its strategy to divest non-core assets and focus on its Tier 1 gold and copper operations.

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GDX

Zacks Investment Researchwww.zacks.com

Wall Street has delivered moderate performance in Q2 of 2024, with April being a down month, while May and June stand out as up months.

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SILJ

+5

Benzingawww.benzinga.com

As April comes to a close, it’s time to compile the rankings for the top-performing sector and industry exchange-traded funds of the month. Taking a broader look at the stock market, the S&P 500 Index, represented by the SPDR S&P 500 ETF Trust (NYSE:SPY), finished April on a downturn, declining by approximately 3%. This marks the end of a five-month streak of gains. Similarly, the tech-heavy Nasdaq 100, tracked by the Invesco QQQ Trust (NASDAQ:QQQ), experienced a 3.5% decline. Among large-cap indices, blue-chip stocks showed slight underperformance, with the SPDR Dow Jones Industrial Average ETF (NYSE:DIA) slipping by 4.5%. Small-cap stocks, represented by the iShares Russell 2000 ETF (NYSE:IWM), plummeted by over 6%, marking their worst performance since October 2023. Overall, it has been a challenging month for the stock market, primarily due to inflation surprises surpassing expectations. This has led to a recalibration of market expectations regarding potential Federal Reserve rate cuts. Additionally, complex global geopolitical tensions have emerged, notably between Israel and Iran, alongside the ongoing issue in the Gaza Strip. May is anticipated to start with a crucial event as investors await the Federal Reserve Open Market Committee (FOMC) meeting on Wednesday. While no interest rate changes are expected, all eyes will be on Fed Chair Jerome Powell‘s remarks to assess the Fed’s stance in response to recent inflation surprises. Read also: Federal Reserve Meeting Preview: High Interest Rates ‘Need More Time To Work,’ Bank of America Says Performance Of Sector ETFs In April ...Full story available on Benzinga.com

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+44

Zacks Investment Researchwww.zacks.com

Wall Street is on track for its worst month in 2024. The decline has been broad-based. Still, a few corners of the broad market, especially mining, have gained.

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