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The Dow Jones Industrial gained 33.60 points to close at 12,529.75 Thursday as a late buying spree helped the index finish in the black for only the third time in the past 17 trading sessions.
May 24 -
On May 24, 2012, Vanguard announced it is closing its High-Yield Corporate Fund to most new accounts, effectively immediately.
May 24 -
On May 24, Loomis, Sayles & Company hired Rowland Chip Bankes as its Head of Trading.
May 24 -
On May 24, 2012, iShares coined a new term for ETF users.
May 24 -
Edward Jones survey finds that only 37% of Americans were able to correctly identify 529 plans as a college savings tool.
May 24 -
On May 24, 2012, Copeland Capital Management hired Erik B. Granade as Head of International Equities.
May 24 -
On May 24, 2012, ICI reports that ETFs lost $6 billion in April.
May 24 -
On May 24, 2012, ICI reports that Total estimated inflows to long-term mutual funds were $3.90 billion for the week ended Wednesday, May 16.
May 24 -
UBS Investment Bank has rolled out a pair of ETRACS Exchange Traded Notes linked to the Dow Jones U.S. Select Dividend Index and the S&P High Yield Dividend Aristocrats Index.
May 24 -
Vanguard is continuing its trend of cutting the legs out from under its competition by eliminating or reducing fees on 34 Vanguard funds.
May 24
