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July 24th, 2025
Insight on Plan Design & Investment Strategy Every Weekday
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| MARKET MIRROR |
Wednesday the Dow rose 507.85 points (1.14%) to close at 45,010.29, the Nasdaq rose 127.33 points (0.61%) to close at 21,020.02 and the S&P 500 rose 49.29 points (0.78%) to close at 6,358.91. The Russell 2000 rose 34.37 points (1.53%) to close at 2,283.13, and the FT Wilshire 5000 Index rose 510.40 points (0.81%) to close at 63,586.97.
The 10-year Treasury note fell 25/32, bringing the yield to 4.387%. The 30-year Treasury bond fell 4/32, bringing the yield to 4.942%.
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ON THIS DATE: In 1847, Brigham Young and his fellow Mormons founded Salt Lake City. In 1897, Amelia Earhart, one of the world’s most celebrated aviators and the first woman to fly alone across the Atlantic Ocean, was born in Atchison, Kansas. In 1915, one of the worst maritime disasters in American history occurred, when the passenger liner SS Eastland capsized in the Chicago River, killing more than 840 people. In 1923, the Treaty of Lausanne, the final treaty concluding World War I, was signed at Lausanne, Switzerland. In 1974, the Supreme Court ruled that President Richard M. Nixon had to provide transcripts of Watergate tapes to special prosecutor Leon Jaworski. In 2005, cyclist Lance Armstrong became the first rider to win the Tour de France seven times; however, he was later stripped of all his titles after an investigation revealed that he was the key figure in a wide-ranging doping conspiracy while he compiled his tour victories. In 2020, television personality Regis Philbin, longtime host of the talk show “Live! With Regis and Kelly” and the game show “Who Wants to Be a Millionaire?”, died at age 88.
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