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April 28th, 2020
Insight on Plan Design & Investment Strategy Every Weekday
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PS Coach
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Good Read
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Summary plan descriptions become creative and easier to understand. 
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PLANSPONSOR Awards
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Get to Know Our Plan Sponsor of the Year Finalists
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PLANSPONSOR is pleased to present profiles of our plan sponsor of the year finalists in the Corporate 401(k) >$100MM–$250MM category. Profiles can be seen by clicking on the name of the finalist.
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| Market Mirror |
Yesterday, the Dow closed 358.51 points (1.51%) higher at 24,133.78, the NASDAQ was up 95.64 points (1.11%) at 8,730.16, and the S&P 500 increased 41.74 points (1.47%) to 2,878.48. The Russell 2000 climbed 48.82 points (3.96%) to 1,281.88, and the Wilshire 5000 gained 506.30 points (1.78%) to finish at 28,990.19.
The price of the 10-year Treasury note was down 5/32, increasing its yield to 0.653%. The price of the 30-year Treasury bond fell 2 1/32, bringing its yield up to 1.254%.
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ON THIS DATE: In 1788, Maryland became the seventh state to ratify the U.S. constitution. In 1789, three weeks into a journey from Tahiti to the West Indies, the HMS Bounty was seized in a mutiny led by Fletcher Christian, the master’s mate. In 1914, W.H. Carrier patented the design of his air conditioner. In 1932, the yellow fever vaccine for humans was announced. In 1945, Benito Mussolini and his mistress Clara Petacci were executed by Italian partisans as they attempted to flee the country. In 1967, Muhammad Ali refused induction into the U.S. Army and was stripped of boxing title. He cited religious grounds for his refusal. In 1985, the largest sand castle in the world was completed near St. Petersburg, Florida. It was four stories tall. In 1992, the U.S. Agriculture Department unveiled a pyramid-shaped recommended-diet chart. In 2000, Jay Leno received a star on the Hollywood Walk of Fame.
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