Investments

The Dow Jones Industrial Average jumps 143.08 to 11,153.98 in a volatile trading session. Most of the gain came in the last 30 minutes of trading.

Scout Investments has launched the Scout Unconstrained Bond Fund, which will invest across the entire fixed income universe—including investment grade, high-yield, governments, agencies, mortgage-backed, asset-backed and foreign markets.

State Street Global Advisors has launched three new exchange-traded funds, the SPDR S&P Aerospace & Defense ETF, SPDR S&P Health Care Services and SPDR A&P Software & Services funds.

ConvergEx Group has launched a new division dedicated to the formation, performance and management of alternative mutual funds.

ConvergEx Group has launched a new division dedicated to the formation, performance and management of alternative mutual funds.

Long-term mutual funds had inflows of $386 million for the week ended Sept. 21, the Investment Company Institute said.

Positive results from its “Who Knew” advertising campaign have prompted John Hancock Mutual Funds to extend the campaign through the end of the year—with ads on TV, online and in print.

Northern Trust named Marie Dzanis senior vice president and head of ETF sales and servicing where she’ll oversee the firm’s FlexShares exchange-traded funds unit.

Northern Trust has launched a new family of exchange-traded funds called FlexShares. The four funds, which are trading on the New York Stock Exchange, are based on indexes created and maintained by Morningstar and Markit.

The State Street Investor Confidence Index increased slightly, from 88.1 to 89.9 in September, and The Conference Board Consumer Confidence Index, which had declined sharply in August, remained essentially unchanged during the month at a 45.2 reading.

The State Street Investor Confidence Index increased slightly, from 88.1 to 89.9 in September, and The Conference Board Consumer Confidence Index, which had declined sharply in August, remained essentially unchanged during the month at 45.2 ( 1985 = 100), up a notch from the August's 45.2 reading.

Northern Trust has launched a new family of exchange-traded funds called FlexShares. The four funds, which are trading on the New York Stock Exchange, are based on indexes created and maintained by Morningstar and Markit.

The term "emerging markets" was first coined nearly 30 years ago and has become outdated, as the differences between developed and emerging markets have lessened, according to a white paper from Standish Mellon Asset Management Co., the fixed income division of BNY Mellon Asset Management.

Russell Investments has added four additional investment discipline indexes to its series, all of which concentrate on small-cap securities.

Americans are divided on their outlook for the economy, a Harris poll of 2,464 adults earlier this month found. Twenty-one percent expect the economy will improve, 45% think it will stay the same, and 34% fear it will get worse.

NEW YORK-"We are not in a death spiral, like we were in 2008 with Lehman Brothers," maintained Scott Migliori, U.S. chief investment officer of RCM, an asset management firm that is a member of Allianz Global Investors.

Muni investors have herded into short-term debt the last few months thinking that if rates rise, longer-term bonds will plummet in value and it will be good to have cash on hand to reinvest at higher rates. But are short-term bonds really such a safe haven?

Within a day of each other, two companies -- Guggenheim Investments and Invesco -- launched new exchange traded funds for Chinese yuan-denominated bonds on the New York Stock Exchange.

The latest entrant into the wealth management arena comes not from Wall Street but from just outside Silicon Valley, and is taking dead aim at the Internet brokerage space for higher-end investors with a slick Web-based dashboard, holistic account monitoring and a stable of financial advisers to complement the technology with a human touch.

Credit Suisse has launched the Credit Suisse Global Equity Market Neutral ETN, its fifth alternative exchange-traded note.