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JPMorgan says leveraged ETFs worsened Fridays Wall St selloff

Leveraged ETF derivatives fueled Friday selloff JPMorgan analysts warn more ETF-related selling may follow Leveraged ETFs among hottest new products in 2025 Oct 13 (Reuters) – Large-scale selling of leveraged exchange-traded funds contributed significantly to Friday’s U.S. stock market rout, according to a report published late on Sunday by JPMorgan’s Americas equities derivatives strategy team….

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US backs Philippine ally after China warns over vessel clash

WASHINGTON/BEIJING (Reuters) -The United States said on Monday it stood by its Philippine ally and emphasized their mutual defense treaty after vessels from China and the Philippines clashed amid heightened tensions in the disputed South China Sea. Earlier, China’s Foreign Ministry urged Manila not to challenge Beijing’s efforts to “safeguard its territorial sovereignty and maritime…

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