The odds of a Federal Reserve interest-rate increase as early as June rose after a government report showed payroll gains in January capped the biggest three-month increase in 17 years.
Three of the five largest money-market fund providers expressed support for the new rules adopted by the SEC to end years of debate on how to make the $2.6 trillion industry safer.
Vanguard Group Inc., the third- biggest provider of exchange-traded funds, gained ground on larger competitors this year after gathering 10 times as much money into its ETFs than the rest of the U.S. industry combined.
The firm's assets under management rose 15 percent to a record $1.94 trillion, boosted by a 30 percent rally for the Standard & Poors 500 Index of U.S. stocks.