Investor's Business Daily - Investors yanked $9.99 billion from mutual funds focused on U.S. stocks in May, even as the market bobbed and weaved to higher ground.
Wealth managers outstrip the stock market (FT.com) - Comments Off
FT.com - Britain's wealth-management industry has grown at a significantly faster rate than stock markets for the first time in 15 years - highlighting the increasing use of these services by the rich.
US stocks fall leaving June in red (FT.com) - Comments Off
FT.com - US equity benchmarks fell on Friday and while they posted a modest rise this week, June was their worst monthly performance since February.
FTSE recovers after earlier losses (FT.com) - Comments Off
FT.com - Property stocks came under pressure on Friday after a leading broker warned clients that now was not the time to venture back into the sector.
Stocks pull back, face a nervous July - Comments Off
Stocks head into July, traditionally a weak month, after a wild day that leaves traders worried about the health of credit markets. Hype for Apple's iPhone and great earnings for Research in Motion push both stocks higher. Crude oil tops $70.
Inflation report boosts Wall Street (FT.com) - Comments Off
FT.com - US stocks were in rally mode at midmorning on Friday, after a closely watched measure of inflation fell back into the Federal Reserve's comfort zone.
Wall St looking brighter after inflation news (FT.com) - Comments Off
FT.com - US stocks were potentially looking at a brighter start on Friday, after a closely watched measure of inflation fell back into the Federal Reserve's comfort zone.
European stocks struggle as week draws to close (AFP) - Comments Off
AFP - Europe's main stock markets mainly fell on Friday after a mixed showing by Wall Street overnight.
European stocks turn lower (FT.com) - Comments Off
FT.com - European equities were a little lower on Friday as the global interest rate backdrop caused concerns.
BT rings up gains on FTSE (FT.com) - Comments Off
FT.com - BT Group was a leading riser in the FTSE 100 on Friday after bullish comment on the company's prospects from its chief executive.
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