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Cheap Money May Cost Discount Brokers
This column was originally published on RealMoney on Feb. 16 at 10 a.m. EST. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.
Shares of discount brokerages TD Ameritrade(AMTD Quote), E*Trade Financial(ETFC Quote) and Charles Schwab(SCHW Quote) rebounded this week after getting hit on Tuesday by news that Wells Fargo(WFC Quote) will offer free trades.
The online brokers were boosted in part by news Wednesday from E*Trade that trading volumes and client assets grew at a healthy clip in January. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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