From Dow Jones & Company:

U.S. stocks enjoy solid monthly gains for January 2024, thanks to tech stocks, but some last year’s laggards continue to struggle. China’s stock market tumbles in January as the CSI 300 index drops 6.3% amid concerns over economic stimulus effectiveness. Evergrande faces liquidation in Hong Kong, exacerbating the situation. Global X Lithium & Battery Tech ETF drops 18.6%, marking its biggest monthly decline since March 2020. Clean-energy ETFs continue to struggle, with Invesco Solar ETF and iShares Global Clean Energy ETF declining by 20.5% and 11.3%, respectively. Tesla shares slump 24.6%, leading electric-vehicle stocks down in January. ARK Innovation ETF drops 13.1%, with Coinbase and Tesla being key contributors. The worst-performing ETFs include TSLA Option Income Strategy ETF, Invesco China Technology ETF, Invesco Solar ETF, Global X Lithium & Battery Tech ETF, First Trust Nasdaq Clean Edge Green Energy Index Fund, KraneShares CSI China Internet ETF, Amplify Junior Silver Miners ETF, iShares Global Clean Energy ETF, ARK Innovation ETF, and SPDR S&P China ETF.



Read more: Record January stock-market rally left these ETFs behind. Few are set to bounce.