Wall Street had a mixed performance last week, with fears of an AI bubble causing a slump midweek but a strong finish on Friday after Jerome Powell hinted at a rate cut possibility in September. The Dow Jones, S&P 500, and Nasdaq all saw gains. Traders quickly raised their expectations for a rate cut, with probability rising to 91.5% by Friday afternoon. ETF winners included KraneShares SSE Star Market 50 Index ETF, AdvisorShares Pure Cannabis ETF, ARK 21Shares Active Ethereum Futures Strategy ETF, Global X MSCI China Consumer Discretionary ETF, and VanEck ChiNext ETF. Chinese stocks have been gaining investor attention due to a sustained recovery and long-term capital inflows.

Read more at Zacks Investment Research: Top-Performing ETFs of Last Week – August 26, 2025