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December 4th, 2024
Insight on Plan Design & Investment Strategy Every Weekday
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| MARKET MIRROR |
Tuesday, the Dow fell 76.47 points (0.17%) to close at 44,705.53, the Nasdaq rose 76.96 points (0.40%) to close at 19,480.91 and the S&P 500 rose 2.73 points (0.05%) to close at 6,049.88. The Russell 2000 fell 17.79 points (0.73%) to close at 2,416.35, and the FT Wilshire 5000 Index rose 8.30 points (0.01%) to close at 61,009.61.
The 10-year Treasury note decreased 3/32, bringing the yield to 4.228%. The 30-year Treasury bond decreased 30/32, bringing the yield to 4.409%.
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ON THIS DATE: In 1892, Francisco Franco, who later led Nationalist forces in the Spanish Civil War and was dictator of Spain for more than 35 years until his death, was born. In 1918, President Woodrow Wilson departed for France to attend the Paris Peace Conference, where, following the cessation of hostilities in World War I, the League of Nations was established and the Treaty of Versailles was drafted. In 1969, civil rights leader Fred Hampton, a charismatic member of the Black Panthers, was shot and killed during a police raid in Chicago; his death caused public outrage, and the ensuing investigations brought greater scrutiny of the FBI’s attempts to dismantle the Panthers and other Black organizations. In 1970, rapper and entrepreneur Shawn Carter, now known as Jay-Z, one of the most influential figures in hip-hop in the 1990s and early 2000s, was born. In 1980, several months after the death of drummer John Bonham, the British rock band Led Zeppelin announced that it was officially disbanding; the group later re-formed for short one-off performances on several occasions. In 1996, the unmanned space vehicle Mars Pathfinder was launched from Cape Canaveral, Florida, in order to explore the surface of Mars. In 2000, Surinamese politician Henck Arron, who helped Suriname gain its independence from the Netherlands and served as prime minister until being overthrown by the military, died at age 64.
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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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