E*TRADE Group of Menlo Park, Calif. has signed an agreement with Standard & Poor's of New York to offer online investors 21 predesigned "baskets" of stocks, to be called E*TRADE Stock Baskets.

The baskets S&P will assemble will include five index-based baskets, ten sector-specific baskets and six investment-style baskets. Investors will also be allowed to assemble their own baskets of stocks instead of investing in those designed by S&P, the companies said. E*Trade will offer these stock baskets to its online brokerage customers.

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