Wednesday, the Dow tumbled by 494.42 points (1.86%) to end at 26,078.62, the NASDAQ declined by 123.44 points (1.56%) for a 7,785.25 finish, and the S&P 500 lost 52.64 points (1.79%) to fall to 2,887.61. The Russell 2000 was down by 13.80 points (0.92%) to 1,479.63, and the Wilshire 5000 dropped by 354.76 points (1.19%) for a 29,461.22 close. The price of the 10-year Treasury note was up by 26/32, lowering its yield to 1.597%, and the price of the 30-year Treasury bond was up by 2/32, lowering its yield to 2.089%. |
Did you know that PLANSPONSOR magazine is conducting its annual Defined Contribution (DC) Survey of plan sponsors? The comprehensive survey explores plan design trends and recordkeeper satisfaction and helps inform many of our stories, but we need your help for it to be a success. DC plan sponsors of all types and sizes are encouraged to complete the survey before the extended deadline, October 11, 2019. There is no cost to respond. Responses are confidential and findings will only be reported in the aggregate. All respondents will be sent a complimentary copy of our 2018 Plan Benchmarking Summary Report shortly after submitting the survey and a 2019 Industry Report (based on survey results) later this year. Sponsors will also have the option of nominating members of their account/service team for our annual Service Star Awards and may qualify for our (optional) Best in Class 401(k) Plan Awards. |