Key Takeaways: BNY Mellon and Goldman Sachs debut tokenized money market funds (MMFs), allowing blockchain-based ownership tracking and near-instant settlement. Top financial institutions including BlackRock, Fidelity, and Federated Hermes join…
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Sachs
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cemagraphics/E+ via Getty Images Investors ran for safety with the Standard & Poor’s 500 stock index (SP500) last week falling 3.1%, the worst weekly decline since September. Amid the selloff,…
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SusanneB Investors seeking to outperform the market should focus their stock-picking efforts on volatile names in the consumer discretionary, information technology and communications services industries, strategists at financial-services firm Goldman…