The Nasdaq, dominated by technology stocks, rose a modest 1.89 to 2,770.38, finishing the week higher by 143.88 or 5.5 percent. The stock, which is also a Dow component, has risen 41 percent since the beginning of the year. Analysts said investors were betting the worst was over for the software maker. Crude and products futures vaulted at the New York Mercantile Exchange Friday on a delayed reaction to output cuts, spot tightness, and technical buying, analysts said. Home Depot earned 25 cents per share in the same period a year ago.
Taxes are one of the most significant costs of investing in mutual funds.
An estimated 2 percent of an average fund's return is now lost to taxes, though many people aren't aware of the impact. The rules, first proposed by the SEC in March, are designed to help investors understand the magnitude of tax costs and compare the impact of taxes on the performance of different mutual funds. The previous debt record was set in 1998, when liabilities of failed companies reached 14.381 trillion yen. Compiled from News wire re ports. Please read it.