|
March 14th, 2023
Insight on Plan Design & Investment Strategy Every Weekday
|
|
|
|
|
|
|
MARKET MIRROR |
Monday, the Dow lost 90.50 points (0.28%) to close at 31,819.14, the Nasdaq gained 49.96 points (0.45%) to close at 11,188.84 and the S&P 500 lost 5.83 points (0.15%) to close at 3,855.76. The Russell 2000 decreased 28.40 points (1.60%) to close at 1,744.30 and the Wilshire 5000 decreased 114.45 points (0.30%) to close at 38,264.73.
The price of the 10-year Treasury note increased 11/32, bringing the yield to 3.577%. The price of the 30-year Treasury bond decreased 1/32, bringing the yield to 3.716%.
|
|
|
|
EVENTS
|
SECURE 2.0 Webinar Series
|
Join PLANSPONSOR, PLANADVISER and a panel of industry experts on March 15, as they review SECURE 2.0 provisions related to employee financial wellness; ways plan sponsors can implement new benefits, and how advisers can help them; and how to determine the best benefits for a plan sponsor’s unique employee group.
|
|
|
Plan Progress Webinar: Retirement Income
|
Join PLANSPONSOR on March 16 for the first Plan Progress webinar of 2023 for a conversation with researchers from DCIIA to learn more about the characteristics of different retiree segments, how they spend in retirement, their preferences for retirement income and how plan sponsors can use the information as they search for the right plan provider.
|
|
|
|
In 1794, inventor Eli Whitney received a patent for the cotton gin. In 1826, the first Pan-American conference was convened in Panama with representatives from Mexico, Colombia, Peru and Central America in attendance. In 1879, German American physicist Albert Einstein, known for his groundbreaking theories of relativity, was born in Ulm, Germany. In 1883, historian and revolutionary Karl Marx, who wrote (with Friedrich Engels) The Communist Manifesto, died at age 64. In 1951, United Nations forces recaptured Seoul during the Korean War. In 1964, during the first courtroom verdict to be televised in the United States, Jack Ruby was found guilty of the murder of Lee Harvey Oswald, the purported assassin of U.S. President John F. Kennedy. In 1997, Simone Arianne Biles, an artistic gymnast, was born. Biles is the 2016 Olympic individual all-around, vault and floor gold medalist, balance beam bronze medalist and was part of the gold medal-winning team dubbed the “Final Five” at the 2016 Summer Olympics in Rio de Janeiro, Brazil. In 2018, English theoretical physicist Stephen Hawking, known for his work on the physics of black holes and for the book A Brief History of Time: From the Big Bang to Black Holes, died at age 76.
|
|
|
Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox!
|
|
Copyright ©2025 Asset International, Inc. All rights reserved. No reproduction without prior authorization.
|
702 King Farm Boulevard, Suite 300, Rockville, MD 20850
|
|
|