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Excerpt: Instant Diversification: Mutual and index funds and ETFs
You've probably heard so much about mutual funds that even if you don't own any, it's likely that you know what they are and how they work. But just to clear up any misconceptions and to make sure we're all starting on the same page, let's quickly go over a few of the basics.
European Stocks Rise; Stoxx 600 Posts Best 2-Day Start to Year
Jan. 5 (Bloomberg) -- European stocks climbed, sending the Dow Jones Stoxx 600 Index to its biggest two-day gain to start a year, on speculation that government efforts to revive the global economy through tax cuts and spending will spur growth.
TradingMarkets Monday Movers: SPY, QQQQ, DIA
With stocks up for three days in a row going into Monday's trading, more and more exchange-traded funds are moving into extreme overbought territory. Today's big movers includes the S&P 500 Index SPDRS ETF.
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