Latest news with #StevenSchoenfeld
BBC News
a day ago
- Business
- BBC News
Markets open flat as US-China deal approaches
As the markets open flat, Steven Schoenfeld, CEO of Market-Vector Indexes, explains that chip giants Nvidia and AMD are 'essentially becoming a business partner' with the Trump administration. Schoenfeld predicts that with the US-China trade deal deadline approaching, the market reaction will become clear in a few days.
Yahoo
4 days ago
- Business
- Yahoo
Nasdaq posts record closing high with tech gains, rate cut optimism
STORY: U.S. stocks ended higher on Friday, with the Dow adding nearly half a percent, the S&P 500 climbing more than three-quarters of a percent, and the Nasdaq gaining one percent to notch a record closing high for the second straight day. The three major indexes registered solid gains for the week, notes Steven Schoenfeld, CEO of MarketVector Indexes. "It's a combination of some geopolitical hopes - the fact that the President is going to meet with [Russian President Vladimir] Putin very near term is giving some hope of relaxation of geopolitical tensions - earnings continue to be strong, and the hope for lower interest rates." Stocks on the move included Apple, which rose more than 4% Friday and was up over 13% for the week, it's biggest weekly percentage gain since 2020. Also helping the S&P 500 were shares of Gilead Sciences, which jumped more than 8% after the biopharmaceutical company raised its full-year financial outlook. And shares of Expedia rose more than 4% after the online travel agent raised its annual forecast for gross bookings and revenue growth. Related Videos Dip buys, stagflation talks, gold tariff scare: Market takeaways Lincicome: Ton of Tariff Details Yet to Be Ironed Out E.l.f. Beauty CEO: 'I am worried about the American consumer' Barings' Burton on Tight Credit Spreads Inflation will be in focus next week, which could serve as a test for the stock market rally. The monthly U.S. consumer price index report is due on Tuesday, and some investors say equities could be set for a pullback depending on what it reveals. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
4 days ago
- Business
- Reuters
Market expert remains bullish on gold
Steven Schoenfeld, chief executive of MarketVector Indexes, that while gold has been a "steady performer all year," what's "really impressive" are gold mining stocks, which are "setting multi-year highs."
Business Wire
30-04-2025
- Business
- Business Wire
MarketVector Indexes Named Index Provider of the Year by Hedgeweek Europe
FRANKFURT, Germany--(BUSINESS WIRE)--MarketVector Indexes TM ('MarketVector'), a global leader in digital asset and thematic indexing, has been named Index Provider of the Year at the 2025 Hedgeweek European Awards. The award highlights MarketVector's commitment to delivering transparent, institutional-grade benchmarks that meet the growing demand for trusted digital asset solutions across global markets. The Hedgeweek European Awards honor fund managers and service providers demonstrating excellence, innovation, and impact. Winners are selected based on allocator feedback, peer voting, editorial analysis, and market performance. "We're proud to be recognized for our products and service by the 2025 Hedgeweek European Awards. This honor reflects our commitment to building high-integrity indexes that serve hedge fund strategies across Europe and beyond. At MarketVector, we are dedicated to delivering benchmarks that offer transparent, efficient access to emerging sectors and innovations in crypto as well as equities and fixed income," said Steven Schoenfeld, CEO of MarketVector. Over the past year, MarketVector expanded its digital asset offerings with the launch of the COIN50 Index, the MAGA10 Index, and the MEME Index, as well as new staking rewards and on-chain fundamental indexes. The firm also strengthened its research platform with its senior leadership's publication of Mastering Crypto Assets (Wiley, 2024). Today, MarketVector supports a growing range of ETFs, ETPs and index funds worldwide, providing clients with transparent, institutional-quality access to emerging markets. Detailed information about the Hedgeweek European Awards can be found here. About MarketVector Indexes - MarketVector Indexes TM ('MarketVector') is a regulated Benchmark Administrator in Europe, incorporated in Germany and registered with the Federal Financial Supervisory Authority (BaFin). MarketVector maintains indexes under the MarketVector TM, MVIS ®, and BlueStar ® names. With a mission to accelerate index innovation globally, MarketVector is best known for its broad suite of Thematic indexes, a long-running expertise in Hard Asset-linked Equity indexes, and its pioneering Digital Asset index family. MarketVector is proud to be in partnership with more than 25 Exchange-Traded Product (ETP) issuers and index fund managers in markets throughout the world, with more than USD 52 billion in assets under management.
Yahoo
27-03-2025
- Business
- Yahoo
Newly-listed GlacierShares Nasdaq Iceland ETF (GLCR) to track the MarketVector Iceland Global Index
The licensing agreement with GlacierShares enhances investor access to Iceland's capital markets FRANKFURT, Germany, March 27, 2025--(BUSINESS WIRE)--MarketVector IndexesTM ("MarketVector"), a leading provider of multi-asset and digital asset index solutions, today announced that the MarketVectorTM Iceland Global Index, developed in collaboration with New Iceland Advisors, has been licensed as the underlying benchmark for the GlacierShares Nasdaq Iceland ETF (NASDAQ: GLCR), a newly listed U.S. exchange-traded fund (ETF) from GlacierShares. The index licensing signals growing investor interest in Iceland's economic story. The country stands out for its nearly 100% renewable electricity generation, globally recognized leadership in sustainable fishing, and long-standing political and financial stability. With abundant food and energy resources and seamless access to U.S. and European markets, Iceland offers a compelling investment landscape rooted in resilience and sustainability. "We are proud to partner with New Iceland Advisors in developing the MarketVectorTM Iceland Global Index, a unique benchmark providing diversified and liquid exposure to the dynamic Icelandic economy. Iceland is a world leader in renewable energy and sustainable fishing, and its capital markets have strong potential for growth," said Steven Schoenfeld, CEO of MarketVector. The MarketVectorTM Iceland Global Index includes companies domiciled in Iceland or materially tied to the Icelandic economy. It is built on a transparent and rules-based methodology designed to meet global investability standards, offering investors efficient access to a region historically underrepresented in global benchmarks. With the launch of GLCR tracking the index, MarketVector and New Iceland Advisors enable broader participation in one of the world's most forward-looking economies. For more information on the index, visit the MarketVectorTM Iceland Global Index page. About MarketVector Indexes - MarketVector IndexesTM ("MarketVector") is a regulated Benchmark Administrator in Europe, incorporated in Germany and registered with the Federal Financial Supervisory Authority (BaFin). MarketVector maintains indexes under the MarketVectorTM, MVIS®, and BlueStar® names. With a mission to accelerate index innovation globally, MarketVector is best known for its broad suite of Thematic indexes, a long-running expertise in Hard Asset-linked Equity indexes, and its pioneering Digital Asset index family. MarketVector is proud to be in partnership with more than 25 Exchange-Traded Product (ETP) issuers and index fund managers in markets throughout the world, with more than USD 53 billion in assets under management. About GlacierShares - GlacierShares is an Icelandic company dedicated to opening access to investment opportunities in the Arctic Circle region. Founded and owned by investors in Iceland, GlacierShares has deep local market knowledge. The firm's mission is to bridge the gap between U.S. investors and emerging opportunities within the Arctic region, starting with Iceland's renewable-driven economy and geopolitical stability. View source version on Contacts Media Contact Eunjeong Kang, MarketVector+49 (0) 69 4056 695 38media-enquiries@ Sam Marinelli, Gregory FCA on behalf of MarketVector610-246-9928sam@ Sign in to access your portfolio
