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Sixty-five percent of equities and 58% of options traders believe the S&P 500 Index will rise between 5% and 20% in 2010, according to a survey of 240 investors by online broker TradeKing. Many said they are more confident about the stock market now that the Obama administration has shifted its focus from healthcare reform to job creation.
February 3 -
The 4% decline in the Dow Jones Industrial Average in January could portend worse things to come for the stock market and the economy, Mohamed A. El-Erian, co-chief investment officer of PIMCO, recently wrote in a Bloomberg News column.
February 3 -
The Boston-based fund company announced Tuesday that it planned to cut commissions to $7.95 per trade as of March 15.
February 3 -
The Department of Labor’s new rules for advice in 401(k) plans are currently under review at the Office of Management and Budget and could be released as early as the end of the month.
February 3 -
The Labor and Treasury Departments have issued a request for information to determine whether annuities belong in 401(k)s. Specifically, the agencies want to know the benefits and the drawbacks to receiving retirement income in installments.
February 3 -
BlackRock Inc.'s iShares has registered nine additional country-specific exchange-traded funds with the Securities and Exchange Commission.
February 3 -
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iShares has registered nine additional country-specific exchange-traded funds with the Securities and Exchange Commission.
February 2 -
Many donor-advised funds from the nation’s largest mutual fund companies are directing tens of millions of dollars to aid victims of the massive earthquake in Haiti. The Fidelity Charitable Gift Fund alone has sent $10.5 million for Haiti relief.
February 2 -
Bernie Clark will run Schwab's advisor services unit and Trish Cox its corporate brokerage services division.
February 2
