U.S. Stocks Fluctuate With Treasuries on Fed Comments; Oil Drops
U.S. stocks fell as the Fed said valuations for smaller companies in social media and biotech appear “substantially stretched.”
Dow Average Tops 17,000 as Payrolls Rise Amid ECB Plans
Records set for Dow industrials, S&P after Labor Dept. reports 288,000 new jobs in June and Mario Draghi reveals European stimulus plans.
Top Portfolio Products: Invesco to Launch Preferred-Stock ETF
Other new products include Advisors Asset Management's unit investment trust and Emerging Global Advisors' EGShares Blue Chip ETF.
Fed Minutes Ease Concern on Rate Rise, Lifting Stocks
Several Fed policy makers said a rise in their median projection for the main interest rate exaggerated the likely speed of tightening.
Companies Squeeze 401(k)s From Facebook to JPMorgan
Employers are holding back on both the amount and the timing of 401(k) matching funds and dragging out vesting schedules.
3 ETFs Poised to Dominate in 2014: Zacks
These three ETFs represent hot market sectors and are kicking off the new year in stellar form, according to Zacks.
9 Nasty Enforcement Cases of 2013
Nobody was safe from advisors gone bad: not widows, not NFL stars, not even Marines.
SEC Enforcement: Advisor Should’ve Just Said No; Filmmaker’s Funding Efforts Flop
An end-times video game company and former Qualcomm executive are among others in the SEC's sights this week.
Top Portfolio Products: T. Rowe Debuts Global Allocation Fund
Other products introduced over the last week include two new Japan-focused ETFs from Direxion and a covered call ETF from Horizons USA.
Supreme Court Backs 5-Year Limit on Securities Fraud Cases
The Supreme Court issued two rulings on Wednesday: one stating that the SEC must bring securities fraud cases within five years of when the fraud occurred, and another making it easier for shareholders to bring class-action lawsuits.