Dow Jones Top Financial Services Headlines at 12 AM ET: The Faulty Logic Behind the SpaceX Index Trade | Charlie ...

Dow Jones
Jun 15

The Faulty Logic Behind the SpaceX Index Trade

There used to be a reliable additional bump from admission to indexes, but it has become less certain recently.

----

Charlie Javice Has Been Seeking a Pardon From Trump After Defrauding JPMorgan

The entrepreneur sold her startup Frank to the bank for $175 million and was sentenced in September to over seven years in prison for fraud.

----

BlackRock Private-Credit Fund Faces 13% Redemption Requests

Shareholders asked to redeem more than last quarter, though withdrawals will be capped at 5% again.

----

JPMorgan Chase Has a Key Role for SpaceX's IPO: Party Host

Branded tomahawk steaks and "The Future is Public" cocktails will be served to guests.

----

Bond Investor Ken Leech Pleads Guilty to Obstructing SEC Probe

Prosecutors accused the former chief investment officer of Western Asset Management of leading a cherry-picking fraud scheme.

----

Forget 'Too Big to Fail.' How 'Community' Became the Most Controversial Word in Banking.

Regulators, lawmakers, and consumer groups are fighting over what it means to be a community bank. The debate has implications for lenders and borrowers everywhere.

----

Money-Market Funds Are as Appealing as Ever. Just Don't Back Up the Truck.

Yields are stable, Fed interest-rate cuts are off the table, and increasing market volatility is adding to the allure of cash-like investments.

----

Financial Services Roundup: Market Talk

Find insight on Lennar, SpaceX's IPO, cryptocurrencies and more in the latest Market Talks covering Financial Services.

----

SEC Seeks to Scrap Best-Price Rule

The Securities and Exchange Commission said it wants to scrap a 2005 rule that calls for trading platforms to execute buy and sell orders at the best possible price.

----

Bankrupt Auto Financier PrimaLend Sued for Lending Fraud

Lawsuit alleges the auto-dealership lender acted as a conflicted adviser to offload its risk in a troubled $46 million auto-loan portfolio.

----

Charles Schwab Fires Latest Shot in ETF Fee War, Cutting Expenses to Near-Zero

The company's asset-management unit lowered costs for investors on four equity index funds.

----

Accounting Firm Crowe to Sell Stake to KKR in Nearly $3 Billion Deal

The private-equity giant and co-investors would take a majority interest in a firm long resistant to outside ownership.

 

(END) Dow Jones Newswires

June 15, 2026 00:00 ET (04:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10