The Traderszone Network

Discover seven mutual funds from Baron Capital that provide excellent diversification to the growth-oriented portion of a retirement savings portfolio.

Investors hoping equities can sustain their recent bounce next week will carefully watch the U.S. Federal Reserve’s mid-week policy meeting for signs the central bank may slow the path of interest rate hikes. The S&P 500 (.SPX) has already fallen as much as 9 percent this year, with stocks battered by concerns over China’s slowing economy, plunging oil prices and Fed Vice Chairman Stanley Fischer’s comments that he expected about four rate hikes this year.

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Iran’s oil minister said on Friday any emergency meeting of the Organization of Petroleum Exporting Countries would hurt the crude oil market if it made no decision to shore up falling prices. Venezuela has been calling for an emergency meeting to discuss steps to prop up prices, which are at their lowest since 2003.

Japan’s Toshiba Corp plans to sell part of its chip business as it aims to recover from a $1.3 billion accounting scandal, three people familiar with the matter told Reuters on Saturday. The electronics conglomerate has started accepting bids, with early interest shown by the Development Bank of Japan Inc, said the sources, who declined to be identified because they are not authorized to talk to the media. The state-owned bank has already invested in Seiko Holdings Corp’s semiconductor operations.