Economic TimesLean R·
New Nasdaq 100 ETF to launch soon, BlackRock fund to give investors exposure to AI-driven tech rally
BlackRock said on Tuesday it will launch a new exchange-traded fund tracking the Nasdaq-100 index, as the world’s largest asset manager looks to capture rising investor demand for US technology stocks.The iShares Nasdaq 100 ETF will track the flagship index of the top 100 non-financial companies listed on Nasdaq. The fund will start trading on Thursday.The launch comes as investors continue to buy into the rally in large-cap technology stocks, driven by hopes around artificial intelligence. The…
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