Self-Directed IRAs: A Smarter Way to Invest in Real Estate

For more than three decades, The Entrust Group has provided account administration services for self-directed retirement and tax-advantaged plans. The Entrust Group continues to assist people in purchasing alternative investments with their retirement funds, administering the buying and selling of assets that are typically unavailable through banks and brokerage firms such as real estate. The […] …read more

From:: Real Estate News

Self-Directed IRAs: A Smarter Way to Invest in Real Estate

For more than three decades, The Entrust Group has provided account administration services for self-directed retirement and tax-advantaged plans. The Entrust Group continues to assist people in purchasing alternative investments with their retirement funds, administering the buying and selling of assets that are typically unavailable through banks and brokerage firms such as real estate. The […] …read more

From:: Finance and Economy

Two-year German yield tumbles to all-time low

The yield on the two-year German note tumbled Thursday to a new all-time low as expectations of further easing from the European Central Bank drove a rally in government bonds. The two-year German yield dropped to negative 0.578%, a record low, while the yield on the 10-year benchmark German bond, known as the bund, fell to 0.169%, according to Tradeweb. The ECB’s recent communications have sent strongly dovish signals, said Jonathan Loynes, chief European economist at Capital Economics. The market-priced expectation is of a 10-basis-point cut to the ECB’s deposit rate when the central bank meets on March 10, as well as an expansion to the bank’s asset purchases.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Jensyn Acquisition’s stock debuts slightly below IPO price

Jensyn Acquisition Corp.’s stock debuted on the Nasdaq exchange Thursday morning, slightly below the initial public offering price of $10. The first trade of the shares of the shell company, which was formed for the purpose of entering into a merger with one or more businesses, was at $9.95, at 11:15 a.m. Eastern. The company sold 3.9 million “units” at $10 to raise $39 million; the units consist of one share of common stock, on right to receive one-tenth of one share of common stock after an initial business combination is completed and one warrant to buy one-half of one common share. While the shares began trading under the symbol “JSYNU,” the units offered will eventually separate on or before May 1, with the common stock trading under “JSYN,” the rights to trade under “JSYNR” and the warrants to trade under “JSYNW.”

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Syndax Pharmaceuticals Inc. trading above issue price in Nasdaq debut

Shares of Syndax Pharmaceuticals , a cancer-focused biotechnology company, were trading at $12.44 Thursday morning, above the company’s initial public offering issue price of $12 in its debut on the Nasdaq. With the offering, Syndax sold 4.4 million shares to raise $52.8 million. The company had previously set a price range of $14 to $16. Morgan Stanley, Citigroup, JMP Securities and Oppenheimer were the underwriters for the offering.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Syndax Pharmaceuticals Inc. trading above issue price in Nasdaq debut

Shares of Syndax Pharmaceuticals , a cancer-focused biotechnology company, were trading at $12.44 Thursday morning, above the company’s initial public offering issue price of $12 in its debut on the Nasdaq. With the offering, Syndax sold 4.4 million shares to raise $52.8 million. The company had previously set a price range of $14 to $16. Morgan Stanley, Citigroup, JMP Securities and Oppenheimer were the underwriters for the offering.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Stock market indexes are down but the market of stocks are rising, again

The major stock market indexes are down, but the market of stocks is actually rising, as the number of stocks that are rising is outnumbering decliners by a comfortable margin. Advancers are beating decliners by about 16 to 12 on the NYSE, and by about 14 to 9 on the Nasdaq exchange. Meanwhile, the Dow Jones Industrial Average , the S&P 500 Index and the Nasdaq Composite Index are all declining by about 0.3%. There was a similar situation on Wednesday, when the indexes were down but market breadth was positive in midday trade, and the indexes eventually reversed course to close higher.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

U.S. stocks open lower after two days of gains

U.S. stocks opened slightly lower on Thursday, as lower oil prices and weaker-than-expected economic data sapped investor confidence. The S&P 500 opened 2 points, or 1%, lower at 1,984. The Dow Jones Industrial Average slipped 13 points, or 0.1%, to 16,884. Meanwhile, the Nasdaq Composite began the day down 7 points, or 0.1% at 4,696.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News