Texas Stock Exchange launches as new U.S. stock market rival, targeting IPOs from the booming South.

Closed-end funds show mixed results; Single-Country Equity leads gains, Commodities fall.

Closed-end funds experienced mixed performance recently, with 18 of 26 sectors rising in price but only 10 sectors showing positive net asset value (NAV) changes. The average sector discount remains at -4.80%. Single-Country Equity was the top-perfor...