Total U.S. money market mutual fund assets fell by $35.02 billion to $2.58 trillion for the week that ended Wednesday, according to the Investment Company Institute. Assets in the nation's retail money market mutual funds fell by $5.33 billion to $912.96 billion, the Washington- based mutual fund trade group said Thursday.» Read More
US 10- YEAR TREASURIES YIELDS RISE TO SESSION HIGHS OF 2.71 PERCENT AS UKRAINE TENSION EASES.
NEW YORK, April 17- U.S. Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday. The Philadelphia Federal Reserve Bank also said factory activity in the U.S. mid-Atlantic region expanded in April at a faster clip than expected.
US 30- YEAR TREASURIES BONDS EXTEND PRICE LOSSES TO A FULL POINT, YIELDS RISE TO 3.50 PERCENT.
NICOSIA, Cyprus— Bailed-out Cyprus says it will issue six-year government bonds every month starting in June as a first step to returning more permanently to international markets after a three-year absence.
The $9.4 billion Fidelity Select Biotechnology Fund plunged 11.75 percent during the first 14 days of April. That put the fund near the bottom among nearly 3,800 U.S. mutual funds tracked by Lipper Inc. Only six funds performed worse, but they had less than $100 million in assets each.
US TREASURIES YIELDS RISE AFTER PHILADELPHIA FED DATA.
NEW YORK, April 17- U.S. Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday. "There is follow-through from yesterday, there was significant selling in the middle of the curve," said Tom Tucci, head of Treasuries trading at CIBC in New York.
*Inflow of $5.8 bln so far after 2013 outflow. LONDON, April 17- Money is flowing back into commodity investments this year as the sector has broken out of lock-step with other asset classes and outperformed them, attracting investors who aim to diversify portfolios.
NEW YORK, April 17- U.S. stock index futures remained little changed after data showed the number of Americans filing new claims for unemployment benefits rose less than expected last week and remained near its pre-recession levels.
US TREASURIES YIELDS HIT SESSION HIGHS AFTER JOBLESS CLAIMS, 10- YEAR NOTES YIELD 2.66 PERCENT.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stock index futures were flat and pointed to a lower open on Thursday after three days of gains on Wall Street, weighed by results including those from Google and IBM and ahead of employment and regional business growth data.
NEW YORK, April 17- Utility share prices, a reliable leading indicator of stock market ructions, are flashing red.
TOKYO, April 17- Mitsui Life Insurance, Japan's fifth largest life insurer, plans to increase its yen bond holdings by about 100 billion yen in the financial year to March, its investment planning manager said on Thursday.
April 17- The U.S. Treasury Department is forming a new unit to monitor the municipal bond market, the Wall Street Journal reported, citing a Treasury official.
TOKYO, April 17- Japanese government bond prices were little changed on Thursday, reflecting the absence of catalysts with Tokyo equities held to a narrow range after the previous session's surge.
BOSTON, April 16- Templeton bond fund manager Michael Hasenstab, a major investor in Ukraine debt, maintained his exposure to the crisis-torn country in one of his small emerging-market funds.
NEW YORK, April 16- Utility share prices, a reliable leading indicator of stock market ructions, are flashing red.
BOSTON, April 16- American Funds, the No. 3 U.S. mutual fund family, advised some customers to change user names and passwords on Wednesday as the number of companies and people affected by the notorious "Heartbleed" bug grows.
*Prices fall as China growth beats expectations, stocks rise. NEW YORK, April 16- U.S. Better-then-expected growth in China, the world's largest economy, and a rally in Yahoo shares helped stocks rise for a third straight session.
BOSTON, April 16- American Funds, one of the largest U.S. mutual funds families, sent an email to 825,000 shareholders on Wednesday advising them to change user names and passwords, citing "a very narrow window of risk" related to the "Heartbleed" Internet threat.