| | Sponsored message from Kashable | | A financial safety net for employees during emergencies and hardships | | 40% of U.S. workers lack the savings to cover an unexpected $400 expense. When your employees are in a pinch, Kashable provides low-cost credit to help them bridge the gap.Read more > | | | Market Mirror | Monday, the Dow gained 17.70 points (0.07%) to finish at 27,171.90, the NASDAQ closed 57.65 points (0.71%) higher at 8,204.14, and the S&P 500 climbed 8.42 points (0.28%) to 2,985.03. The Russell 2000 was down 3.11 points (0.20%) at 1,544.78, and the Wilshire 5000 gained 80.08 points (0.26%) to finish at 30,687.66. The price of the 10-year Treasury note increased 1/32, bringing its yield down to 2.044%. The price of the 30-year Treasury bond was up 2/32, decreasing its yield to 2.575%. | | | Investing | | Participants Display a Variety of Risk Biases, Damaging Outcomes | | Findings from a recent investor survey conducted by SEI in collaboration with Phoenix Marketing International show there are many different biases impacting the behavior of retirement investors. According to John Anderson and J. Womack, both managing directors with SEI, the act of pursuing and maintaining risk exposure runs against investors’ natural instinct to try to prevent losing money. However, these same protective instincts can undermine their ability to achieve specific longer-term goals.Read more > | | | Small Talk | | ON THIS DATE: In 1829, William Burt patented the typographer, which was the first typewriter. In 1904, the ice cream cone was invented by Charles E. Menches. In 1914, Austria-Hungary issued an ultimatum to Serbia following the killing of Archduke Francis Ferdinand by a Serb assassin. The dispute led to World War I. In 1938, the first federal game preserve was approved by the U.S. Fish and Wildlife Service. The area was 2,000 acres in Utah. In 1954, a law was passed that stated “The Secretary of the Navy is authorized to repair, equip, and restore the United States Ship Constitution, as far as may be practicable, to her original appearance, but not for active service, and thereafter to maintain the United States Ship Constitution at Boston, Massachusetts.” In 1962, the “Telstar” communications satellite sent the first live TV broadcast to Europe. In 1985, Commodore unveiled the personal computer Amiga 1000. In 1998, U.S. scientists at the University of Hawaii turned out more than 50 “carbon-copy” mice, with a cloning technique. | | TRIVIAL PURSUITS: Is Humpty Dumpty an egg?Read more > | | Share the news with a friend! Pass the NewsDash along and tell your friends/associates they can sign up for their own copy.Read more > |
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