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  • VXX
    Forbes1 minute ago

    Investors Seem To Be Gluttons For Punishment As VIX ETF Inflows Set Records

    The Index that the VIX ETFs and ETNs follow continues to drop - causing investors in UVXY, TVIX and VXX (to name a few) to lose money - yet inflows into those products has pushed them to record amounts of shares outstanding.

  • BAC
    Reuters18 minutes ago

    Wells Fargo robo-adviser to target young, first-time investors

    Wells Fargo & Co's wealth management business said on Tuesday it would launch its new robo-adviser Intuitive Investor later this year in a bid to develop a new revenue stream from existing Millennial customers who may be looking to open their first investment account in a crowded online market. Devon McConnell, Wells Fargo Advisors' head of digital and direct investing, said the digital advice platform, which will initially be rolled out to employees in the first half of 2017, would be marketed to Wells Fargo customers who have savings and are comfortable taking big life steps online. "We know that there are many customers ready to take an early step in their investing life, and for this population, a lot of things in their life happen online first," McConnell said.

  • 10 things you need to know before the opening bell
    SPY
    Business Insider41 minutes ago

    10 things you need to know before the opening bell

    Here is what you need to know. The Dow's on the verge of making history. The Dow Jones industrial...