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July 9th, 2020
Insight on Plan Design & Investment Strategy Every Weekday
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| Market Mirror |
Wednesday, the Dow closed 177.10 points (0.68%) higher at 26,067.28, the NASDAQ gained 148.61 points (1.44%) to finish at 10,492.50, and the S&P 500 was up 24.62 points (0.78%) at 3,169.94. The Russell 2000 increased 11.41 points (0.81%) to 1,427.40, and the Wilshire 5000 climbed 276.50 points (0.86%) to 32,360.38.
The price of the 10-year Treasury note was down 1/32, increasing its yield to 0.659%. The price of the 30-year Treasury bond decreased 5/32, bringing its yield up to 1.397%.
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Products
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NFP Offers Financial Wellness Platform
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Called WellCents, NFP says it was designed to help employers realize the value of a workforce that is prepared for a successful and secure retirement. 
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ON THIS DATE: In 1776, the Declaration of Independence was read aloud to Gen. George Washington’s troops in New York. In 1868, the 14th Amendment to the U.S. Constitution was ratified. The amendment was designed to grant citizenship to and protect the civil liberties of recently freed slaves. It did this by prohibiting states from denying or abridging the privileges or immunities of citizens of the United States, depriving any person of his life, liberty, or property without due process of law, or denying to any person within their jurisdiction the equal protection of the laws. In 1877, Alexander Graham Bell, Gardiner Greene Hubbard, Thomas Sanders and Thomas Watson formed the Bell Telephone Company. In 1877, the All England Croquet and Lawn Tennis Club began its first lawn tennis tournament at Wimbledon, then an outer-suburb of London. In 1900, the Commonwealth of Australia was established by an act of the British Parliament, uniting the separate colonies under a federal government. In 1947, in a ceremony held at the Pentagon in Arlington, Virginia, General Dwight D. Eisenhower appointed Florence Blanchfield to be a lieutenant colonel in the U.S. Army, making her the first woman in U.S. history to hold permanent military rank. In 1971, the United States turned over complete responsibility of the Demilitarized Zone to South Vietnamese units. In 2005, Danny Way, a daredevil skateboarder, rolled down a large ramp and jumped across the Great Wall of China. He was the first person to clear the wall without motorized aid.
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