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An investment fund traded on stock exchanges, holding a basket of assets like stocks or bonds.
ETFs track indexes, sectors, or commodities. They allow investors to buy a diversified mix of securities through a single trade, just like buying a single share of stock.
Gridlock in Washington could stall healthcare policy, leaving drugmakers unusually expensive compared to technology while medical equipment sits at lows.
The Nasdaq fell over 5% on Thursday, marking an 11% drop from its peak. History shows short-term drops often precede a recovery, though election fallout looms.