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December 22nd, 2021
Insight on Plan Design & Investment Strategy Every Weekday
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Market Mirror |
Tuesday, the Dow was up 560.54 points (1.60%) at 35,492.70, the Nasdaq gained 360.14 points (2.40%) to finish at 15,341.09, and the S&P 500 increased 81.21 points (1.78%) to 4649.23. The Russell 2000 climbed 63.07 points (2.95%) to 2,202.95, and the Wilshire 5000 closed 952.56 points (2.05%) higher at 47,392.08.
The price of the 10-year Treasury note was down 4/32, increasing its yield to 1.475%. The price of the 30-year Treasury bond decreased 27/32, bringing its yield up to 1.878%.
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Improving Equity in Financial Benefits
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Retirement plan design changes can help close some equity gaps, but plan sponsors should first address differences in overall financial health among their employee demographics.
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ON THIS DATE: In 1894, the Amateur Golf Association of the United States—later renamed the United States Golf Association—was formed in New York to govern the sport. In 1895, German physicist Wilhelm Röntgen made the first X-ray, of his wife’s hand. In 1956, Colo, the first gorilla to be born in captivity, was born at the Columbus, Ohio zoo. In 1989, the Brandenburg Gate in Berlin was reopened, signifying the reunification of East and West Germany.
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WEDNESDAY WISDOM: “The greatest use of a life is to spend it on something that will outlast it.”—William James, American philosopher, historian and psychologist
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Industry Intel Roundup—Thought Leadership | PLANSPONSOR is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring content from thought leadership authorities. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance. |
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