Portfolio

Exchange-traded funds are like stocks. Except they're not. They’re sort of like mutual funds, but not really. Here’s a glossary of ETF terms to help clear things up.

Exchange-traded funds are like stocks. And mutual funds. Except they're not. Here's a glossary on how ETFs really operate.

The SEC has joined the U.S. Department of Justice in approving the merger of NYSE Euronext with Deutsche Boerse. Now the only remaining hurdle is obtaining approval from competition commissioners of the European Commission.

Investors steered $1.43 billion into stock mutual funds during the week ended Wednesday, Jan. 11, breaking a near nine-month spell of investor redemptions that totaled more than $172 billion, according to the latest statistics from the Investment Company Institute.

Investors opened their wallets Wednesday following an upbeat report from home builders and word that Greece is nearing a deal with its private creditors that would bring some much-needed stability to the region.

Investors steered $1.43 billion into stock mutual funds during the week ended Wednesday, Jan. 11, breaking a near nine-month spell of investor redemptions that totaled more than $172 billion, according to the latest statistics from the Investment Company Institute.

There’s logic in thinking that trading in funds that promise double or triple the movement of the market will exacerbate the swings that occur. But it would invert reality.

Cowen Group said it agreed to acquire Algorithmic Trading Management, a provider of customized code for executing trades electronically.

There has been no New Year’s bounce, says Raymond James Equity Research. Trading in stocks in the United States in the first half of January is down 18% versus a year ago.

Stocks moved higher Tuesday in light trading as the Dow Jones Industrial Average moved up 60 points to finish at 12,482.07 while the S&P 500 and Nasdaq picked up 4.58 and 17.41 points, respectively.