Investing
Financial stocks were having a pretty good year, even before Chase Manhattan Bank's (CMB) proposed acquisition of J.P. Morgan (JPM) gave new life to merger speculation in the sector. The Bank Sector index is up 17.7% for the year, thanks also to stabilizing interest rates.
Time to add a financial fund to your portfolio? This week's The Big Screen will sift for the ones that consistently outperform their peers. Look for it Saturday. Also coming Saturday in Personal Finance Focus:- Traders take note. Tracy Byrnes examines whether you can claim trader status on your tax return without marking your trades to market in Tax Forum. Mark Ingebretsen is still searching for the perfect trader's Web connection in Tools of the Trade. The ETF Weekly Report will list the weekly and year-to-date performance of every exchange-traded fund.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,454.83 | 1,317.82 | 2,837.53 | 17.45 |
Oil *
107.26
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|
DOWN
74.92 |
DOWN
2.86 |
DOWN
1.85 |
DOWN
0.14 |
10 Yr
1.74%
SPDR Gold
152.68
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|
-0.60%
|
-0.22%
|
-0.07%
|
-0.80%
|
Data delayed 20 minutes |
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