Tag: index funds

Products February 4th, 2021

Investment Product and Service Launches

Nationwide launches U.S. equity fund; Fidelity Investments lowers minimum for premium class of index funds; and Versor Investments builds new investor research center.

Investing June 8th, 2020

COVID-19 Impacts Cap-Weighted Index Fund Construction

Additions to the Russell 3000 this year include Zoom Video Communications, Pinterest and Mimecast, highlighting the importance of communications technology in the midst of the coronavirus pandemic.

Investing June 21st, 2019

Index Funds Nearly Universal in Large 401(k) Plans

A BrightScope/ICI study also found collective investment trusts (CITs) accounted for a larger share of assets in larger plans than smaller plans.

MARKET MIRROR

Friday, the Dow gained 823.32 points (2.68%) to 31,500.68, the Nasdaq increased 375.43 points (3.34%) to 11,607.62, and the S&P 500 was up 116.10 points (3.06%) to close at 3,911.82. The Russell 2000 gained 54.05 points (3.16%) to 1,765.72, and the Wilshire 5000 increased 1,180.82 points (3.13%) to 38,933.70.

The price of the 10-year Treasury note fell 25/32 bringing its yield up to 3.133%. The price of the 30-year Treasury bond decreased 1 1/32 bringing its yield up to 3.266%.

For the week ending June 24, the Dow was up 5.39%, the Nasdaq gained 7.49%, and the S&P 500. The Russell 2000 increased 6.00%, and the Wilshire climbed 6.58%.