State Street Global Advisors has switched indexes tracked by four equity exchange-traded funds to Standard & Poor's indexes from SSGA indexes and has renamed the ETFs. The rebranded ETFs are the SPDR Portfolio S&P 1500 Composite Stock Market ETF, the SPDR Portfolio S&P 500 ETF, the SPDR Portfolio S&P 400 Mid Cap ETF and the SPDR Portfolio S&P 600 Small Cap ETF. ETF Trends (24 Jan.)
President Donald Trump says he will broaden products covered by steel and aluminum tariffs because importation of products made with the metals has increased, undermining the effectiveness of the tariffs. Products including staples, nails and vehicle parts will be covered by the tariffs beginning Feb. 8. The New York Times (tiered subscription model) (27 Jan.)
Brazil's competition regulator has approved Boeing's $4.2 billion acquisition of an 80% stake in the commercial-aviation division of Embraer. Boeing says it is confident it will get clearance from the European Commission, the last approval it needs to close the deal. Reuters (27 Jan.)
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