Investors pulled $18.5 million from Bill Gross's Janus Global Unconstrained Bond Fund (JUCAX.O) in February, the first such cash withdrawal since the closely watched investor took on the portfolio in October, Morningstar said on Monday.
Stocks ended sharply higher on Monday after a late rally driven by hopes for a Greek debt deal and as energy shares bounced with oil prices.
A fast-growing segment of U.S. retirement plans is using hedge-fund type strategies to bet a small but increasing slice of their assets.
If the world's biggest central banks were actually coordinating a global monetary policy, they could scarcely do a better job of convincing financial markets right now.
Measuring the point at which investors have exhausted their selling in a market downturn is an inexact science at best, and at its worst akin to sticking a finger in the air to judge shifting winds.
Asian stocks slid on Wednesday as worries about waning global growth lifted safe-haven bonds and the yen, while shoving oil prices to their lowest in more than two years.
A second day of weak German data sent European markets into retreat on Tuesday with stocks, the euro and periphery euro zone government debt all knocked by the mounting evidence of an abrupt slowdown in the bloc's economic engine room.
A positive vibe returned to the U.S. stock market Friday, leaving some to wonder if, after two weeks of losses, the latest selloff scare was over. The best clues may come from what happens to low-quality corporate bonds.
U.S. stocks ended flat in a volatile session on Thursday as energy stocks rebounded and investors bought beaten-down shares, especially small caps.
Stocks worldwide began the fourth quarter on a negative note on Wednesday, with investors wary of lackluster economic data and keeping a cautious eye on civil unrest in Hong Kong.
U.S. stocks fell on Tuesday, with consumer staples leading the S&P 500 down to its third straight daily loss, as investors grew concerned about the pace of global economic growth.
U.S. stocks rose on Thursday, a day after the U.S. Federal Reserve kept intact its pledge to keep interest rates low, providing a backstop for investors that helped lift both the Dow and S&P to record highs.
The U.S. S&P 500 stock .SPX index broke through the landmark 2,000 level on Monday, marking a six year rally which has benefitted many Americans from Wall Street to Main Street.
Global stocks went down slightly after the US Federal Reserve provided a dim US economy
Even for just trying to get a deal done, US stocks rebounded with modest gains after a day of volatility.
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