But profit-taking could spark near-term volatility.
The SEC is expected to green-light spot-bitcoin ETFs in coming months, and that's seen as kicking open investing in digital currency among both institutional and retail investors.
Finn was previously an executive at McKinsey & Co., as were co-president Andy Saperstein and CEO James Gorman.
Traders are eyeing a rate cut early in 2024.
The firm announced Thursday that it will shutter two socially conscious exchange-traded funds by year-end.
While a record $100 billion has flowed into actively managed exchange-traded funds this year, the funds getting the bond aren’t traditional bond and stock pickers.
Markets are becoming more convinced the Fed will cut rates in 2024.
Foreign investors sold $1.7B more than they bought in September.
FDIC deposit insurance fund paid out around $16B.
ECB president wants to give regional securities regulator similar powers to the US body.
