Top-Performing Technological ETFs Amid Coronavirus Crisis

The technological sector has kept its promise of strong returns so far this year, combatting the economic slowdown induced by the coronavirus pandemic. The S&P 500 Information Technology Sector Index has gained around 18% so far in 2020 as against the broader S&P 500 index’s loss of 2.4%. Going on, it is being widely believed that the major technology companies’ resilience to the coronavirus crisis have been supporting the Nasdaq Composite index. Major technology stocks like Facebook (FB), Microsoft (MSFT), Apple (AAPL), Netflix (NFLX) and Alphabet (GOOGL) are all positive in 2020 so far. Moreover, Amazon (AMZN) has supported the

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Foreign students fear deportation over Trump visa threat

New York (AFP) – Pakistani student Taimoor Ahmed is one of hundreds of thousands of foreigners enrolled in American universities now fearing for their future after Donald Trump’s administration threatened to revoke their visas.

The US Immigration and Customs Enforcement (ICE) announced this week that foreign students whose entire courses have moved online because of the coronavirus pandemic must return to their home country.

“I might be affected if they don’t offer any sort of in-person class,” said Taimoor Ahmed, an information technology student at Cal State University in Los Angeles.

“I’m concerned. This can potentially change my future and

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3 Hot Sector ETFs to Tide Over the Coronavirus Crisis in Q3

The coronavirus crisis continues to be acute in the United States as the death toll has now crossed 130,000. The infectious diseases expert, Dr. Anthony Fauci has said that United States is “knee-deep” in the first wave of the pandemic even as the number of coronavirus cases has doubled within a week and a half, per a CNN report. The rate of coronavirus infection is being observed to rise in around 32 states with only four states (Connecticut, Kentucky, Massachusetts and New Hampshire) seeing subsiding infection rates, according to Johns Hopkins University data. Given the current situation, at least 24

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3 Technology Funds to Snap Up Today

Risk lovers seeking healthy returns over a fairly long investment horizon may opt for technology mutual funds. It is believed that the technology sector is poised for a brighter earnings performance than others owing to greater demand for technology and innovation. Improving industry fundamentals and emerging technologies — such as wearables, VR headsets, drones, virtual reality devices and AI — are the key catalysts for the sector.

Meanwhile, most mutual funds investing in securities from these sectors prefer a growth-oriented approach that includes focusing on companies with strong fundamentals and a relatively higher investment prospect. Moreover, technology now has a

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