Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P
June 17 - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous d
LONDON: JPMorgan Chase has acquired Britain's biggest robo-adviser firm Nutmeg, as the U.S. giant gears up for a big retail expansion push in the UK.
Nutmeg - which has more than 140,000 clients and over 3.5 billion pounds (US$4.89 billion) of assets under management - will be the bedrock of ...