- Portfolio Diversification (cited by 66% of respondents)
- Expressing Tactical Views (65%)
- Obtaining Alpha (49%)
- Managing Risk in the Equity Market (42%)
A tech selloff yields big Wall Street losses.
Bank rally cannot offset tech slump.
The dividend and stock-buyback plans of all 34 of the country's biggest banks won approval from the Federal Reserve, but it was a close call for some.