Economy & Markets
The important economic and stock market news that advisors need to know.
BlackRock Debuts Russia ETF
By Ron DeLeggeBlackRock added to its menu of emerging market funds by unveiling a new ETF linked to Russian stocks. The iShares MSCI Russia Capped Index Fund (ERUS)…
January 01, 2011
Revolution and ReformFor weeks, news stories about strikes and protests in France over President Nicolas Sarkozy’s unwavering decision to change the country’s pension system dominated the headlines.
January 01, 2011
Abandoning AmericaThe U.S. government is broke, heavily in debt and over the past two fiscal years it has run up $2.7 trillion of red ink. It is on track for another trillion…
December 31, 2010
Fixed-indexed annuity source listThis source list represents those companies that chose to participate and that responded by the deadline.
December 31, 2010
Quiet Stock Market Close on Dec. 31 Contrasts With Roller-Coaster 2010The Dow was up 7.8 points, or 0.1%, closing at 11,577.51, on Dec. 31, 2010. The Nasdaq dropped 10.11, or 0.4%, to 2,652.87. Volume was light at 560 million shares.
December 31, 2010
Estonia Joins Eurozone in New Year; 2 Years In, Slovakia ReconsidersEstonia becomes the 17th nation in the eurozone on Jan. 1, 2011. Other recent joiners, and some potential ones, are rethinking membership in the common European currency.