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January 12th, 2021
Insight on Plan Design & Investment Strategy Every Weekday
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2021 Plan Sponsor of the Year Awards
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Less Than Two Days Left!!
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The deadline for nominations for the 2021 Plan Sponsor of the Year awards is January 13. 
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| Market Mirror |
Yesterday, the Dow was down 89.28 points (0.29%) at 31,008.69, the NASDAQ lost 165.54 points (1.25%) to finish at 13,036.43, and the Wilshire 5000 closed 25.07 points (0.66%) lower at 3,799.61. The Russell 2000 was virtually unchanged at 2,091.01, and the Wilshire 5000 decreased 224.92 points (0.56%) to 40,161.16.
The prices of the 10-year Treasury note and 30-year Treasury bond were each down 2/32, increasing their yields to 1.139% and 1.884%, respectively.
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Webinar
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Plan Design Trends
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Join PLANSPONSOR on January 21 for a discussion about trends in plan design that have been growing from year to year; lessons about plan design learned from the pandemic; and plan design considerations for your plan in 2021.
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ON THIS DATE: In 1896, at Davidson College, several students took x-ray photographs. They created the first X-ray photographs to be made in America. In 1904, Henry Ford set a land-speed record of 91.37 mph on the frozen surface of Michigan’s Lake St. Clair. He was driving a four-wheel vehicle, dubbed the “999,” with a wooden chassis but no body or hood. In 1915, Congress established the Rocky Mountain National Park. In 1926, the two-man comedy series “Sam ‘n’ Henry” debuted on Chicago’s WGN radio station. The shows name was later changed to “Amos ‘n’ Andy.” In 1932, Hattie Ophelia Wyatt Caraway, a Democrat from Arkansas, became the first woman to be elected to the U.S. Senate. In 1948, the U.S. Supreme Court ruled that states could not discriminate against law-school applicants because of race. In 1960, Dolph Schayes of the Syracuse Nationals became the first pro basketball player in the NBA to score more than 15,000 points in his career. In 1966, “Batman” debuted on ABC-TV. In 1971, “All In the Family” debuted on CBS-TV. In 1986, space shuttle Columbia blasted off with a crew that included the first Hispanic-American in space, Dr. Franklin R. Chang-Diaz. In 1998, 19 European nations agreed to prohibit human cloning. In 2006, the U.S. Mint began shipping new 5-cent coins to the 12 regional Federal Reserve Banks. The coin has an image of Thomas Jefferson taken from an 1800 Rembrandt Peale portrait in which the president is looking forward. Since 1909, when presidents were first depicted on circulating coins, all presidents had been shown in profile.
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