July 14th, 2025 Insight on Plan Design & Investment Strategy Every Weekday Investing 401(k) Trading Hot Most of Q2, Cooled in June Investors rapidly shifted funds from stocks to fixed income, then backed off. Opinions What Do Hidden Fees Really Mean in Your Health Plan? A Wake-Up Call for Employers Amid growing evidence that hidden fees are embedded in health plans, plan sponsors are required to adopt best practices to identify and manage them, writes a fiduciary consultant. Most Read Data and Research Employers Buckle Down on Pharmacy, Medical Costs Compliance 8th Circuit Tosses Wells Fargo Forfeiture Complaint on Lack of Standing Compliance DOL Eases Enforcement of New Rules for Paper Benefit Statements ECONOMIC EVENTS Thursday, the Department of Labor will issue its initial jobless claims report, and Freddie Mac will update average mortgage rates for the week.   MARKET MIRROR Friday the Dow fell 279.13 points (0.63%) to close at 44,371.51, the Nasdaq fell 45.14 points (0.22%) to close at 20,585.53 and the S&P 500 fell 20.71 points (0.33%) to close at 6,259.75. The Russell 2000 fell 28.58 (1.26%) to close at 2,234.83, and the FT Wilshire 5000 Index fell 261.37 (0.42%) to close at 62,540.23.  The 10-year Treasury note fell 27/32, bringing the yield to 4.418%. The 30-year Treasury bond fell 1 25/32, bringing the yield to 4.957%.  In the week ending July 10, the Dow rose 1.24%, the Nasdaq rose 1.52% and the S&P 500 rose 1.38%. The Russell 2000 rose 2.79%, and the FT Wilshire 5000 Index finished 1.46% higher.    Compliance Senate HELP Committee Plans Hearing on Boosting Retirement Benefits for Independent Workers Lawmakers will consider the issue following introduction of a string of bills this week to provide portable benefits to gig workers. DEALS AND PEOPLE Retirement Industry People Moves Dechert adds Robert Shapiro to DC office; FTI hires Luke Shane; PenChecks taps director of institutional investigations; and more.  SMALL TALK ON THIS DATE: In 1881, gunfighter Billy the Kid was shot and killed by Sheriff Pat Garrett. In 1912, singer and songwriter Woody Guthrie was born. In 1921, Nicola Sacco and Bartolomeo Vanzetti, immigrant Italian anarchists, were found guilty of the murder of two men in Massachusetts. In 1960, British ethologist Jane Goodall first arrived at what became Gombe Stream National Park in Tanzania; there she conducted her groundbreaking research on chimpanzees. In 1969, the film “Easy Rider” was released in U.S. theaters, becoming a classic of 1960’s counterculture and propelling Jack Nicholson to stardom. In 2013, the world’s last telegram was sent, as India’s state-run telecommunications company ended its telegraph service. In 2016, Mohamed Lahouaiej-Bouhel drove a truck through a crowd of people celebrating Bastille Day in Nice, France, killing more than 80 people and injuring hundreds. It was France’s third major terrorist attack in 18 months.   Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2026 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850