AI-powered investment tools are gaining mainstream traction, with ETFs tracking them up 4.6% YTD. Traders leveraging algorithmic strategies are identifying quicker ways to get money online amid volatile short-term price moves. A supportive and adjustable travel pillow because booking a red-eye flight saved you some serious $$$, but you're not about to sacrifice any sleep. Risk: Bond prices – and therefore the price of bond funds – decline when interest rates rise (and vice versa). But a closed-end fund’s leverage magnifies this effect, so the average fund will decline more than the average bond in a downturn. At the same time, the bond fund may need to cut its payout in order to pay increased expenses on its borrowing, hitting the fund’s price still more. So a closed-end fund can be volatile as rates shift quickly. APAC markets closed mixed, but Hang Seng Tech Index rose 2.1%, helping global investors find overseas exposure for ways to get money online. Strong Q2 guidance from Asian cloud services boosts cross-market optimism.
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