January 20, 2025/United Capital Research Global Markets: Mixed Global Market Performance Driven by Economic Data, Inflation Reports, and Policy Developments. US equity markets sold off sharply in the previous week, with the S&P 500 falling ~2.00%, marking its fourth decline in five weeks, driven by a strong jobs report that […]
Author: InvestAdvocate
Equities Market Preview & Review
January 20, 2025/CSL Research The Nigerian equities market closed the prior week in the red, with the All-Share Index (ASI) recording a week-on-week (w/w) drop of 2.94% to settle at 102,353.70 points. The market experienced mixed trends throughout the week, starting on a weak note from the prior week. Bearish […]
SEC Charges Pair of Wells Fargo Advisory Firms and Merrill Lynch with Compliance Failures Relating to Cash Sweep Programs
Firms agree to pay civil penalties of $60 million combined to settle SEC charges January 17, 2025/US SEC The Securities and Exchange Commission today announced settled charges against registered investment advisers Wells Fargo Clearing Services LLC and Wells Fargo Advisors Financial Network LLC (collectively Wells Fargo Advisors) and against Merrill […]
