The Traderszone Network

Published in TZ Latest News 26 December, 2014 by The TZ Newswire Staff

This Week In Funds: U.S. Stock Funds Extend Rally

Stock mutual funds tacked on a second week to their rally. U.S. diversified stock funds, according to Lipper Inc. data, rose 1.01% on average in the latest week, which ended Dec. 24. Stocks funds were driven by positive stock market news — signs of an improving U.S. economy and the Federal Reserve’s reassurance last week that it will be patient about deciding when to start raising interest rates.

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