The cost to trade stocks and exchange-traded funds online is plummeting as two online brokerage giants slashed commissions Tuesday. Hours after Fidelity Investments released plans to lower online trade commissions on U.S. stocks and exchange-traded funds to $4.95 from $7.95, Charles Schwab Corp. volleyed back, matching that price. Schwab already cut its online trade commissions for U.S. stocks and ETFs earlier this month to $6.95...

Source: Wall Street Journal February 28, 2017 04:52 UTC