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April 30th, 2020
Insight on Plan Design & Investment Strategy Every Weekday
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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) >$1B category. Profiles can be seen by clicking on the name of the finalist.
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Market Mirror |
Wednesday, the Dow was up 532.31 points (2.21%) at 24,633.86, the NASDAQ gained 306.98 points (3.57%) to finish at 8,914.71 and the S&P 500 increased 76.12 points (2.66%) to 2,939.51. The Russell 2000 climbed 78.89 points (6.15%) to 1,360.76, and the Wilshire 5000 closed 842.87 points (2.92%) higher at 29,719.10.
The price of the 10-year Treasury note was down 1/32, increasing its yield to 0.626%. The price of the 30-year Treasury bond fell 1 1/32, bringing its yield up to 1.245%.
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ON THIS DATE: In 1789, George Washington took office as first elected U.S. president. In 1803, the U.S. purchased the Louisiana Territory from France for $15 million. In 1812, Louisiana was admitted as the 18th U.S. state. In 1897, British physicist J.J. Thomson announced the discovery of electrons. In 1938, Happy Rabbit appeared in the cartoon “Porky’s Hare Hunt.” This rabbit would later evolve into Bugs Bunny. In 1945, holed up in a bunker under his headquarters in Berlin, Adolf Hitler committed suicide by swallowing a cyanide capsule and shooting himself in the head. In 1947, the name of Boulder Dam, in Nevada, was changed back to Hoover Dam. In 1952, Mr. Potato Head became the first toy to be advertised on network television. In 1993, four years after publishing a proposal for “an idea of linked information systems,” computer scientist Tim Berners-Lee released the source code for the world’s first web browser and editor—what he called the WorldWideWeb. In 2015, NASA’s Messenger spacecraft crashed into the surface of Mercury. The space probe sent back more than 270,000 pictures to earth.
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