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January 14th, 2025
Insight on Plan Design & Investment Strategy Every Weekday
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MARKET MIRROR |
Monday, the Dow rose 358.67 points (0.86%) to close at 42,297.12, the Nasdaq fell 73.53 points (0.38%) to close at 19,088.10 and the S&P 500 rose 9.18 points (0.16%) to close at 5,836.22. The Russell 2000 rose 5.17 points (0.24%) to close at 2,194.40, and the FT Wilshire 5000 Index rose 103.88 points (0.18%) to close at 58,574.71.
The 10-year Treasury note decreased 1/32, bringing the yield to 4.781%. The 30-year Treasury bond decreased 24/32, brining the yield to 4.962%.
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EVENTS
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Register for 2025 PLANSPONSOR National Conference
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Don’t miss the unique cross section of the retirement plan industry and engaging and insightful presentations and panel discussions throughout the conference, taking place at the Chicago Marriott Downtown Magnificent Mile, June 3 – 6, 2025. Find agendas for the half-day immersive workshops and the rest of the event on www.plansponsor.com
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ON THIS DATE: In 1784, the Continental Congress ratified the Peace of Paris with Great Britain, which recognized the independence of the U.S. In 1954, baseball player Joe DiMaggio and actress Marilyn Monroe married at City Hall in San Francisco. In 1970, Diana Ross and the Supremes staged their final concert, as Ross subsequently embarked on a solo career. In 1997, Greek archaeologists announced they had discovered an ancient site in Athens that may have been Aristotle’s Lyceum. In 2005, the Huygens entry probe landed on Saturn’s largest moon, Titan; it marked the first time a spacecraft landed on a planetary surface in the outer solar system. In 2011, Tunisian President Zine al-Abidine Ben Ali stepped down following mass protests against poverty, unemployment and political repression; the uprising was known as the Jasmine Revolution. In 2024, after 52 years on the throne, Queen Margrethe II of Denmark abdicated, and her eldest son, Crown Prince Frederik, became King Frederik X.
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