Short-duration bond ETFs: Pulled in $12.8 billion in July inflows as investors flee cash — money market fund yields have collapsed from 5.30% to 3.55% after 175 basis points of Fed cuts, pushing $7.93 trillion into a search for better short-term returns.
Amer Sports (AS): The Arc'teryx and Salomon parent posted an earnings and revenue beat Tuesday, sending shares up 2% — one of the few bright spots in a sea of red.