Tag: OppenheimerFunds

Deals & People September 21st, 2018

Invesco to Purchase OppenheimerFunds, Owned by MassMutual

Sources say this leading asset manager company will bring Invesco $248 billion in new client assets.

Monday, the Dow lost 97.31 points (0.28%) to finish at 34,838.16, the Nasdaq closed 8.39 points (0.06%) higher at 14,681.07, and the S&P 500 decreased 8.10 points (0.18%) to 4,387.16. The Russell 2000 was down 10.75 points (0.48%) at 2,215.50, and the Wilshire 5000 fell 59.63 points (0.13%) to 45,648.37.

The price of the 10-year Treasury note was up 27/32, decreasing its yield to 1.170%. The price of the 30-year Treasury bond increased 1 23/32, bringing its yield down to 1.849%.