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July 22nd, 2020
Insight on Plan Design & Investment Strategy Every Weekday
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Market Mirror |
Tuesday, the Dow closed 159.53 points (0.60%) higher at 26,840.40, the NASDAQ fell 86.73 points (0.81%) to 10,680.36, and the S&P 500 was up 5.46 points (0.17%) at 3,257.30. The Russell 2000 gained 14.19 points (0.96%) to finish at 1,487.51, and the Wilshire 5000 increased 53.97 points (0.16%) to 33,372.85.
The price of the 10-year Treasury note was virtually unchanged, with its yield at 0.613%. The price of the 30-year Treasury bond was down 1/32, bringing its yield up to 1.311%.
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ON THIS DATE: In 1926, Babe Ruth caught a baseball at Mitchell Field in New York that had been dropped from an airplane flying at 250 feet. In 1933, American aviator Wiley Post returned to Floyd Bennett Field in New York, having flown solo around the world in 7 days, 18 hours, and 49 minutes. He was the first aviator to accomplish the feat. In 1934, outside Chicago’s Biograph Theatre, notorious criminal John Dillinger—America’s “Public Enemy No. 1″—was killed in a hail of bullets fired by federal agents. In 1941, plans for the Pentagon were presented to the House Subcommittee on Appropriations. In 2000, astronomers at the University of Arizona announced that they had found a 17th moon orbiting Jupiter. In 2004, the September 11 commission’s final report was released. The 575-page report concluded that hijackers exploited “deep institutional failings within our government.” In 2009, the longest total solar eclipse of the 21st century, lasting up to 6 minutes and 38.8 seconds, occurred over parts of Asia and the Pacific Ocean.
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WEDNESDAY WISDOM: “Order and simplification are the first steps toward the mastery of a subject.”—Thomas Mann, German novelist and the 1929 Nobel Prize in Literature laureate
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