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| Market Mirror |
Yesterday, the Dow was down 5.82 points (0.03%) at 21,408.52, the NASDAQ closed 23.31 points (0.38%) higher at 6,176.39, and the S&P 500 was up 2.25 points (0.09%) at 2,427.43. The Russell 2000 decreased 6.31 points (0.45%) to 1,408.47, and the Wilshire 5000 increased 8.14 points (0.03%) to 25,227.31.
The price of the 10-year Treasury note was up 2/32, decreasing its yield to 2.376%. The price of the 30-year Treasury bond was up 1/32, decreasing its yield to 2.927%. |
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| Sponsored message from Perspective Partners |
Are Your HSA and 401(k) Programs Coordinated or Confused?
Your HSA and 401(k) should be working together, not fighting separate battles. Not sure where you stand? Complete the HSA/401(k) Scorecard and find out.Read more > |
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| Compliance |
| Brown University Faces Familiar Allegations in 403(b) Lawsuit |
| As with similar lawsuits, the one against Brown University attacks the traditional 403(b) plan model. One can only speculate how these lawsuits will play out.Read more > |
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| From the Magazine |
| Beyond the First Generation of Digital Tools |
| Stand-alone tools and services offered to plan participants are underutilized, for a variety of reasons.Read more > |
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| Investing |
| Strategic Insight’s Quarterly TDF Analysis |
| Over the last decade, assets in target-date mutual funds (TDFs) have grown from $132.7 billion to $940.9 billion, as of the end of Q1 2017. This is representative of a compound annual growth rate (CAGR) of 21.6% for the period. As a point of comparison, non-TDF, non-fund-of-fund U.S. equity mutual fund assets grew at an annual rate of 4.4% over the same 10 years.Read more > |
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| Small Talk |
| ON THIS DATE: In 1798, the U.S. Marine Corps was formally re-established by “An Act for Establishing a Marine Corps” passed by the U.S. Congress. The act also created the U.S. Marine Band. The Marines were first commissioned by the Continental Congress on November 10, 1775. In 1804, the United States’ first secretary of the treasury, Alexander Hamilton, was killed by Vice President Aaron Burr in a duel. In 1864, in the U.S., Confederate forces led by General Jubal Early began an invasion of Washington, D.C. They turned back the next day. In 1914, Babe Ruth debuted in the major leagues with the Boston Red Sox. In 1955, the U.S. Air Force Academy was dedicated in Colorado at Lowry Air Base. In 1972, U.S. forces broke the 95-day siege at An Loc in Vietnam. In 1977, the Medal of Freedom was awarded posthumously to Reverend Martin Luther King Jr. in a White House ceremony. In 1995, full diplomatic relations were established between the United States and Vietnam. |
| TRIVIAL PURSUITS: What is the official name of The Statue of Liberty?Read more > |
| Share the news with a friend! Pass the NewsDash along and tell your friend/association they can sign up for their own copy.Read more > |
