| | Market Mirror | Yesterday, the Dow closed 140.46 points (0.57%) higher at 24,792.20, the NASDAQ gained 58.18 points (0.84%) to finish at 6,994.76, and the S&P 500 increased 14.35 points (0.54%) to 2,690.16. The Russell 2000 climbed 18.50 points (1.21%) to 1,548.92, and the Wilshire 5000 was up 137.50 points (0.50%) at 27,871.81. The price of the 10-year Treasury note decreased 11/32, bringing its yield up to 2.394%. The price of the 30-year Treasury bond fell 1 0/32, increasing its yield to 2.738%. | | | Sponsored message from Natixis | Retirement planning with a purpose
More and more clients want their personal values reflected in their investment decisions. Natixis Sustainable Future Funds are the industry’s first ESG-driven target date funds. Help your clients look forward to the future with confidence.Read more > | | | Investing | | DC Participant Trading Light in November | | Trading among defined contribution (DC) plan investors was light in November, according to the Alight Solutions 401(k) Index. Twelve out of 21 trading days favored fixed income funds. Asset classes with the most trading outflows were company stock funds, stable value funds and small U.S. equity funds.Read more > | | | Small Talk | | ON THIS DATE: In 1732, Benjamin Franklin began publishing “Poor Richard’s Almanac.” In 1777, General George Washington led his army of about 11,000 men to Valley Forge, Pennsylvania, to camp for the winter. In 1842, Hawaii’s independence was recognized by the U.S. In 1843, Charles Dickens’ “A Christmas Carol” was first published in England. In 1903, the Williamsburg Bridge opened in New York City. It opened as the largest suspension bridge on Earth and remained the largest until 1924. It was also the first major suspension bridge to use steel towers to support the main cable. In 1918, Robert Ripley began his “Believe It or Not” column in “The New York Globe.” In 1959, Penn State’s Nittany Lions beat Alabama, 7-0, in the first Liberty Bowl football game. In 1959, Walter Williams died in Houston, Texas, at the age of 117. He was said to be the last surviving veteran of the U.S. Civil War. In 1972, Apollo 17 splashed down in the Pacific, ending the Apollo program of manned lunar landings. In 1985, Jan Stenerud announced his retirement from the NFL. The football kicker held the record for the most career field goals, with 373. In 1985, ABC Sports announced that it was severing ties with Howard Cosell and released him from all TV commitments. Cosell continued on ABC Radio for another five years. In 1989, U.S. troops invaded Panama to overthrow the regime of General Noriega. In 1990, Bo Jackson (Los Angeles Raiders) became the first athlete to be chosen for All Star Games in two sports. In 1998, U.S. President Bill Clinton was impeached on two charges of perjury and obstruction of justice by the U.S. House of Representatives. In 2000, the U.N. Security Council voted to impose sanctions on Afghanistan’s Taliban rulers unless they closed all terrorist training camps and surrender U.S. embassy bombing suspect Osama bin Laden. In 2008, U.S. President George W. Bush signed a $17.4 billion rescue package of loans for ailing auto makers General Motors and Chrysler. | | TRIVIAL PURSUITS: Who created the breakfast dish called “eggs Benedict?”Read more > | | Share the 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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