Markets End November on a Low Note, but ETFs Stack Inflows
ETFs hauled in $73.1 billion of fresh inflows despite markets' sour end to November.
Another sunny month in the U.S. stock market turned cloudy when news of the Omicron variant of the coronavirus ushered in fresh uncertainty. The Morningstar Global Markets Index (a broad gauge of global equities) lost 2.96% last month. Bonds finished November in the black as investors fled to safety toward the end of the month. The Morningstar U.S. Core Bond Index advanced 0.32% in its first positive month since July.
Ryan Jackson does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.