The year kicked off strong with a 4.4% increase in sales from the prior-year period.
Sales of US$11.6 billion were collected from 3,580 structured notes registered with the US Securities and Exchange Commission (SEC), a 4.4% increase year-on-year and a 2.0% decrease from a month ago, SRP data shows. In January, the S&P 500 closed at 6,040.53, up 2.7% (2.8% with dividends) from last month’s close of 5,881.63. US President Trump announced broad tariffs on imports from Canada, Mexico and China while Nvidia shares took a dip as China’s artificial intelligence app De