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April 14th, 2020
Insight on Plan Design & Investment Strategy Every Weekday
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| Market Mirror |
Yesterday, the Dow fell 328.60 points (1.39%) to 23,390.77, the NASDAQ was up 38.85 points (0.48%) at 8,192.43, and the S&P 500 closed 28.19 points (1.01%) lower at 2,761.63. The Russell 2000 increased 20.38 points (1.71%) to 1,212.04, and the Wilshire 5000 lost 291.30 points (1.04%) to finish at 27,647.63.
The price of the 10-year Treasury note was down 3/32, increasing its yield to 0.755%. The price of the 30-year Treasury bond decreased 1 2/32, bringing its yield up to 1.393%.
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ON THIS DATE: In 1828, the first edition of Noah Webster’s dictionary was published under the name “American Dictionary of the English Language.” In 1865, President Abraham Lincoln was shot in the head at Ford’s Theatre in Washington, D.C. In 1902, James Cash (J.C.) Penney opened his first retail store in Kemmerer, Wyoming. It was called the Golden Rule Store. In 1912, the Atlantic passenger liner Titanic, on its maiden voyage hit an iceberg and began to sink. In 1935, country singer Loretta Lynn was born in Butcher Hollow, Kentucky. In 1956, Ampex Corporation of Redwood City, California, demonstrated the first commercial magnetic tape recorder for sound and picture. In 1959, the Taft Memorial Bell Tower was dedicated in Washington, D.C. In 1981, America’s first space shuttle, Columbia, returned to Earth after a three-day test flight. The shuttle orbited the Earth 36 times during the mission. In 2008, Delta Air Lines and Northwest Airlines announced they were combining.
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