Billions Wiped Out as Stock-Safety Trade on Wall Street Misfires
(Bloomberg) — Reeling from a bear market last year, beaten-up investors decided to send more than $60 billion to exchange-traded funds focusing on dividends.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresMusk, Netanyahu Visit Massacre Site Amid Antisemitism FurorTreasuries Extend Blockbuster Rally on Fed Wagers: Markets WrapSodium in Batteries: Shift May Herald Another ShakeupEleven months la