Tuesday, Feb 07th

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Stock Markets

Why Mutual Funds Are the Best Investment (U.S. News & World Report)

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U.S. News & World Report - Mutual funds may not look sexy, but for most people, they're the best way to achieve financial goals. That's because mutual funds are professionally managed and offer diversification, which you don't get when you buy individual stocks.

European stocks jump as metal prices smash records (AFP)

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Traders at the Frankfurt Stock Exchange. European stock markets surged higher, with Frankfurt hitting a 2.5 year-high and mining shares boosted by record metals prices, amid hopes of further stimulus measures for the US economy.(AFP/DDP/File/Martin Oeser)AFP - European stock markets surged higher Tuesday, with Frankfurt hitting a 2.5 year-high and mining shares boosted by record metals prices, amid hopes of further stimulus measures for the US economy.


Frankfurt DAX stock index breaks above 7,000 points (AFP)

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Traders at the Frankfurt Stock Exchange. European stock markets surged higher, with Frankfurt hitting a 2.5 year-high and mining shares boosted by record metals prices, amid hopes of further stimulus measures for the US economy.(AFP/DDP/File/Martin Oeser)AFP - The Frankfurt DAX index of leading German stocks climbed above 7,000 points on Tuesday for the first time since June 6, 2008.


SEC sees financial fraud cases increasing (Reuters)

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Reuters - A top Securities and Exchange Commission official said on Monday the number of fraud schemes is on the rise, taking billions of dollars from Americans, and warned investors to be more vigilant.

SEC to toughen custody rules for broke-dealers (Reuters)

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Reuters - The top securities regulator said on Monday that she plans to hold broker-dealers more accountable for their customers' assets after Bernard Madoff duped his clients out of billions of dollars.

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