| Market Mirror | Wednesday, the Dow rose 207.39 points (0.82%) to 25,539.57, the NASDAQ gained 48.36 points (0.64%) to close at 7,575.48, and the S&P 500 was up 22.88 points (0.82%) at 2,826.15. The Russell 2000 dipped 1.77 points (0.12%) to finish at 1,506.79, and the Wilshire 5000 gained 196.27 points (0.68%) for a 29,101.19 close. The price of the 10-year Treasury note was up 1/32, bringing its yield down to 2.119%, and the 30-year Treasury bond was down 27/32, increasing its yield to 2.638%. | | Benefits & Administration | Employer Interest in Student Loan Repayment Programs Picking Up | It’s important to first gauge employees’ interest in such programs, and to assess the costs, a Willis Towers Watson expert says.Read more > | | Products, Deals and People | Fidelity Takes on Vanguard With Fee Reductions | Fidelity investments is announcing a 14% price reduction on its target-date funds (TDFs), resulting in most of those funds having lower expense ratios than comparable Vanguard index target-date funds.Read more > | | Small Talk | ON THIS DATE: In 1844, the Young Men’s Christian Association (YMCA) was founded in London. In 1925, Chrysler Corporation was founded by Walter Percy Chrysler. In 1933, in Camden, New Jersey, the first drive-in movie theater opened. In 1934, President Franklin Roosevelt signed the Securities Exchange Act, which established the Securities and Exchange Commission (SEC). In 1942, Japanese forces retreated in the World War II Battle of Midway. In 1944, the D-Day invasion of Europe took place on the beaches of Normandy, France. Four hundred thousand Allied American, British and Canadian troops were involved. In 1968, U.S. Senator Robert F. Kennedy died at 1:44am in Los Angeles after being shot by Sirhan Sirhan. Kennedy was shot the evening before while campaigning for the Democratic presidential nomination. In 1971, “The Ed Sullivan Show” aired for the last time. It was canceled after 23 years on the air. In 1978, “20/20” debuted on ABC. No SURVEY SAYS this week. | 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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