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March 5th, 2024
Insight on Plan Design & Investment Strategy Every Weekday
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Benefits
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Into the Pool
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Representatives from two different companies explain the process by which their firms chose their respective multiple employer retirement solutions. 
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| MARKET MIRROR |
Monday, the Dow fell 97.55 points (0.25%) to close at 38,989.83, the Nasdaq fell 67.43 points (0.41%) to close at 16,207.51 and the S&P 500 fell 6.13 points (0.12%) to close at 5,130.95. The Russell 2000 fell 2.09 points (0.10%) to close at 2,074.31, and the FT Wilshire 5000 Index fell 56.67 points (0.11%) to close at 51,669.13.
The 10-year Treasury note fell 3/32, bringing the yield to 4.218%. The 30-year Treasury bond fell 3/32, bringing the yield to 4.355%.
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EVENTS
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PLANSPONSOR Roadmap: Financial Wellness
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Join us March 7 for the insights needed to develop or update financial wellness programs for employees. You’ll hear from plan sponsors, advisers and other industry experts about successful financial wellness strategies, and you’ll come away with resources and checklists to guide you on your own journey of implementing important benefits.
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ON THIS DATE: In 1770, harassed by a mob, British troops opened fire, killing Crispus Attucks and four others in the Boston Massacre, an event that galvanized anti-British feelings in the lead-up to the American Revolution. In 1887, Brazilian musician and Latin American composer Heitor Villa-Lobos was born in Rio de Janeiro. In 1946, British Prime Minister Winston Churchill popularized the term “Iron Curtain”—describing the separation of the Soviet Union and its Eastern and Central European allies from Western nations—in a speech at Fulton, Missouri. In 1953, Soviet Premier Joseph Stalin died at age 74 and was succeeded by Georgy Malenkov. In 1955, Chinese author Mo Yan, who won the 2012 Nobel Prize for Literature for his imaginative and humanistic fiction, was born. In 1963, country and western singer Patsy Cline died in an airplane crash at age 30. In 1979, the U.S. space probe Voyager 1 flew by Io, the innermost of Jupiter’s satellites, and observed nine active volcanoes on its surface. In 2013, Venezuelan politician Hugo Chávez died at age 58.
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