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June 16th, 2020
Insight on Plan Design & Investment Strategy Every Weekday
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| Market Mirror |
Monday, the Dow was up 157.62 points (0.62%) at 25,763.16, the NASDAQ gained 137.22 points (1.43%) to finish at 9,726.02, and the S&P 500 increased 25.28 points (0.83%) to 3,066.59. The Russell 2000 climbed 63.38 points (4.67%) to 1,419.61, and the Wilshire 5000 closed 341.68 points (1.10%) higher at 31,288.86.
The prices of the 10-year Treasury note and the 30-year Treasury bond were each down 1/32, increasing their yields to 0.713% and 1.458%, respectively.
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Investing
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A Reality Check for the Equity Markets
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Recent volatility has left the equity markets “looking a bit more in touch with the economic reality than they were a week ago,” one commentator says. 
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ON THIS DATE: In 1884, the first roller coaster in America opened at Coney Island, in Brooklyn, New York. In 1903, Ford Motor Company was incorporated. In 1941, President Franklin D. Roosevelt ordered the closure of all German consulates in the United States. In 1963, aboard Vostok 6, Soviet Cosmonaut Valentina Tereshkova became the first woman to travel into space. In 1977, Leonid Brezhnev was named the first Soviet president of the USSR. In 1981, the “Chicago Tribune” purchased the Chicago Cubs baseball team from the P.K. Wrigley Chewing Gum Company for $20.5 million. In 2008, California began issuing marriage licenses to same-gender couples.
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