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| Newport Group Launches as a Unified Brand | |
| Verisight, DailyAccess and The Newport group are coming together as a single brand.Read more > | |
| Lincoln Enhances Small Business 401(k) Solution | |
| Lincoln Financial Group’s Retirement Plan Services business announced enhancements to its Lincoln Director employer-sponsored retirement plan program for small business clients. The enhancements include a broader array of investment options.Read more > | |
| Sponsored message from Vanguard | |
| Risk Tolerance: From the mind of the TDF investor Edward Dinucci, William Lee Norton, Michael Pan, and John Croke This paper presents key findings from Vanguard’s target-date fund investor survey. The analysis focuses on investor’s risk tolerance.Read more > | |
| Economic Events | |
Total nonfarm payroll employment rose by 215,000 in March, and the unemployment rate was little changed at 5%, according to the Bureau of Labor Statistics. Employment increased in retail trade, construction, and health care. Job losses occurred in manufacturing and mining. The U.S. Census Bureau of the Department of Commerce announced that construction spending during February was estimated at a seasonally adjusted annual rate of $1,144.0 billion, 0.5% below the revised January estimate of $1,150.1 billion. The February figure is 10.3% above the February 2015 estimate of $1,037.5 billion. THE ECONOMIC WEEK AHEAD: Today, the Census Bureau will report about factory orders for February. Thursday, the Labor Department will issue its initial claims report. Friday, the Census Bureau will report about wholesale inventories for February. | |
| Market Mirror | |
Friday, the Dow closed 107.66 points (0.61%) higher at 17,792.75, the NASDAQ climbed 44.69 points (0.92%) to 4,914.54, and the S&P 500 gained 13.04 points (0.63%) to finish at 2,072.78. The Russell 2000 was up 3.66 points (0.33%) at 1,117.68, and the Wilshire 5000 increased 122.26 points (0.58%) to 21,107.18. On the NYSE, 3.2 billion shares traded, with a slight lead for decliners. On the NASDAQ, 2.7 billion shares changed hands, with 1.4 advancing issues for every declining issue. The price of the 10-year Treasury note was unchanged, with its yield at 1.772%. The price of the 30-year Treasury bond was up 8/32, decreasing its yield to 2.599%. WEEK’S WORTH: For the week ending April 1, the Dow increased 1.58%, the NASDAQ gained 2.95%, and the S&P 500 finished 1.81% higher. The Russell 2000 climbed 3.53%, and the Wilshire 5000 was up 1.38%. | |
| From the Magazine | |
| QDIA Analysis: Who’s Using Which? | |
| The 2015 PLANSPONSOR Defined Contribution (DC) Survey reveals which qualified default investment alternatives (QDIAs) are being used by plan sponsors in different market sizes.Read more > | |
| Small Talk | |
| ON THIS DATE: In 1818, a plan was passed by the U.S. Congress that the U.S. flag would have 13 red and white stripes and 20 stars and that a new star would be added for the each new state. In 1841, U.S. President William Henry Harrison, at the age of 68, became the first president to die in office. He had been sworn in only a month before he died of pneumonia. In 1862, in the U.S., the Battle of Yorktown began as Union General George B. McClellan closed in on Richmond, Virginia. In 1887, Susanna M. Salter became mayor of Argonia, Kansas, making her the first woman mayor in the U.S. In 1917, the U.S. Senate voted 90-6 to enter World War I on the Allied side. In 1932, after five years of research, professor C.G. King, of the University of Pittsburgh, isolated vitamin C. In 1949, twelve nations signed a treaty to create The North Atlantic Treaty Organization (NATO). In 1968, Martin Luther King Jr. was assassinated at the age of 39. In 1969, Dr. Denton Cooley implanted the first temporary artificial heart. In 1973, in New York, the original World Trade Center twin towers opened. At the time they were the tallest buildings in the world. In 1974, Hank Aaron tied Babe Ruth’s major league baseball home-run record with 714. | |
| Share the good news with a friend! Pass the NewsDash along – and tell your friends/associates they can sign up for their own copy.Read more > |
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Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com
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