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Finance & Markets

Wednesday's ETF Movers: ARKG, EIS

In trading on Wednesday, the ARK Genomic Revolution ETF is outperforming other ETFs, up about 6.1% on the day. Components of that ETF showing particular strength include shares of Pacific Biosciences of California, up about 22.5% and shares of Prime Medicine, up about 19.3% on

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Hedge funds price the policy risk ahead of the midterms

With a Democratic takeover of Congress threatening to reshape policy priorities, hedge fund managers are looking beyond the election outcome to assess mispriced risks and opportunities across AI…

  • Democrats have 91% chance of taking House, 64% chance of controlling Senate
  • Market volatility reflects investors' search for stable assets
  • Hedge funds price policy risk ahead of midterms, with outcomes already priced in

FMBN launches non-interest lease-to-own housing scheme for NHF contributors

The Federal Mortgage Bank of Nigeria (FMBN) has launched a lease-to-own housing finance scheme to give eligible National Housing Fund (NHF) contributors an alternative route to homeownership.

  • FMBN introduces non-interest lease-to-own housing scheme for NHF contributors.
  • Scheme named Ijarah Muntahia Bittamleek launched in Kano State on October 27, 2026.
  • Aimed to provide alternative homeownership path for eligible NHF contributors nationwide.

Wednesday's ETF with Unusual Volume: QVAL

The Alpha Architect US Quantitative Value ETF is seeing unusually high volume in afternoon trading Wednesday, with over 386,000 shares traded versus three month average volume of about 33,000.

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