| | Weekly Roundup FEBRUARY 15, 2013 MarketWatch's top 10 stories, Feb. 11 - 15 By MarketWatch SAN FRANCISCO (MarketWatch) — U.S. stocks were slightly higher on the week but the changes were so slight that it's difficult to determine the mood of investors.The Dow Jones Industrial Average (DJIA) rose 8.37 points or 0.1% on Friday to close at 13,981.76. For the week the Blue Chip index fell 0.1%. The Nasdaq Composite Index (COMP) dropped 6.63 points or 0.2% to close at 3,192.03 on Friday. For the week the technology heavy measure fell 0.1%. The benchmark Standard & Poor's 500 Index (SPX) fell 1.59 points or 0.1% on Friday to close at 1,519.79. The index rose 0.1% for the week.It was the seventh week in a row that the S&P rose.Check out MarketWatch over the long weekend for all the news you'll need to organize your portfolio. Stop by and visit our new retirement section, where you'll find resources, tools and information to help you plan your future.Also, please take a moment to view our Week Ahead videos. U.S. week ahead: Sequester looms Europe's week ahead: Currency wars escalate — Christopher Noble , assistant managing editor.End of an era In January investors poured money into U.S. stocks, but much of that money probably went into stock funds and exchange traded funds, not individual stocks. Howard Gold looks at whether the age of the individual stock is over. The end of an investing era. Readiness is all Investors complain a lot about the performance of their mutual funds, but they'd be a lot happier and do better financially if they simply got the same results as those funds earn. Chuck Jaffe has some advice on how investors can do that. How you can be a smart market timer. Record high Investment gains and contributions helped push the average amount stashed in a 401(k) to its highest level ever by the end of 2012. But the average totals just $77,300, is a fairly dismal sign that there are some difficult retirement years ahead for many savers. 401(k) balances hit record highs. Currency wars Talk of a so-called currency war has been heating up, and it might finally light a fire under gold, too. Efforts by countries such as Japan to boost growth with massive stimulus programs can benefit prices for gold. These efforts have started to alter the precious metal's relationship with the foreign-exchange market and expand its role as a safe-haven asset. How gold will benefit from a currency war. Emerging deal In paying $28 billion for H.J. Heinz (HNZ), Berkshire Hathaway and 3G Capital are buying more than an iconic brand like Heinz Ketchup. That's because Heinz arguably has a stronger foothold than other brand-name U.S. food makers in emerging-market economies around the world. Heinz opens doors to emerging markets for Berkshire. Private pushback Dell Inc.'s (DELL) bold plan to go private is facing some pretty serious pushback, and some experts believe a proxy battle with shareholders is now a distinct possibility. One result: company founder Michael Dell has agreed to roll over his shares at a lower price to help get the deal done. Michael Dell agrees to lower price for his shares. High hopes General Motors, GM (GM) posted a 2012 profit of $4.9 billion, down from its 2011 result. At the same time, GM's share of U.S. car sales slipped to during a year when the stock market posted solid gains, car loans were easier to get, and unemployment fell. Does that mean GM is underperforming? Yes. But apparently not enough to rattle Wall Street. 4 reasons why Wall Street has high hopes for GM in 2013. Bottom up After years of trying to tackle economic inequality from the top down, President Barack Obama has pivoted to a bottom-up approach. Several of the proposals in his State of the Union address are designed to lessen inequality by improving the lot of those at the bottom, not by redistributing from those at the top. Fixing economic inequality from the bottom up. More modern than you think The perception of many is that the U.S. Postal Service is nothing more than an inefficient drag on the economy. But in fact a broad swath of the private sector — including supposed competitors such as FedEx Corp. (FDX) and United Parcel Service Inc. (UPS) — is reliant, in many ways, on the Postal Service. Postal Service is more modern than you think. Phone hoarders Why is an old iPhone still worth hundreds of dollars? New research suggests a surprising explanation: hoarding. More than half of American consumers say they have two or more unused cellphones in their household. The trade-in value of all those old gadgets: $34 billion, according to resale site SellCell.com. Consumers sitting on $9 billion in old iPhones. 
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