News Highlights: Top Financial Services News of the Day - Tuesday at 11 AM ET

A Less Glamorous Group of Stocks Steps Into the Spotlight 
 

Earnings from the utilities, materials and industrials sectors could offer more signs of a broadening market rally.

 
Hamilton Lane Launches Infrastructure Funds for Wealthy Individuals 
 

The private-market investor's new evergreen vehicles target high-net worth investors in the U.S. and overseas.

 
Big Lenders Expected to Show Investment Banking Upswing 
 

The banks should benefit from lower interest rates, which should encourage more mergers and support equity underwriting.

 
Financial Services Roundup: Market Talk 
 

Commerzbank, UniCredit and more in the latest Market Talks covering Financial Services.

 
U.S. credit-card debt declines for second time in past three months, signaling plateau in borrowing 
 

Consumer credit rose $8.9 billion in August, after surging a revised $26.6 billion in July, the Federal Reserve said Monday.

 
Hurricane Helene Did Billions in Damage. Milton Could Be Worse. 
 

Florida homeowners have been reeling from years of rising insurance premiums. Now, they're facing down yet another big storm.

 
Investment Industry Loves Active ETFs. You Probably Shouldn't. 
 

Launches of active exchange-traded funds are outnumbering passive ones by about three to one. The performance record isn't great.

 
Stock Funds Gained 16.1% Through Third Quarter 
 

Bond funds stood proud, as well, drawing investors' cash. Also: A flashback to 95 years ago, the Great Crash.

 
Corporate Insiders Are Sitting Out the 2024 Stock-Market Rally 
 

Warren Buffett, Jamie Dimon and Jeff Bezos are among the business leaders exhibiting caution.

 
A Tried-and-True Investing Pattern Has Lost Its Shape 
 

Deciding what sectors and companies are cyclical versus defensive has suddenly gotten a lot more complicated.

(END) Dow Jones Newswires

October 08, 2024 11:15 ET (15:15 GMT)

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