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March 7th, 2024
Insight on Plan Design & Investment Strategy Every Weekday
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| MARKET MIRROR |
Wednesday, the Dow rose 75.86 points (0.20%) to close at38,661.05, the Nasdaq rose 91.96 points (0.58%) to close at 16,031.54 and the S&P 500 rose 26.11 points (0.51%) to close at 5,104.76. The Russell 2000 rose 14.38 points (0.70%) to close at 2,068.09, and the FT Wilshire 5000 Index rose 280.63 points (0.55%) to close at 51,413.14.
The 10-year Treasury note rose 26/32, bringing the yield to 4.108%. The 30-year Treasury bond rose 31/32, bringing the yield to 4.240%.
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Benefits
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Moving the Needle
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What do the data say about the role MEPs and PEPs can play in getting more people access to employer-provided retirement accounts? 
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EVENTS
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PLANSPONSOR Roadmap: Financial Wellness
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Join us TODAY 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 1850, Senator Daniel Webster spoke out in favor of the Compromise of 1850, which was enacted in September in an effort to settle several outstanding slavery issues and to avert the threat of dissolution of the Union. The Constitutional crisis arose from the request of the territory of California to be admitted to the Union with a constitution prohibiting slavery. In 1872, painter Piet Mondrian was born in Amersfoort, Netherlands. In 1875, composer Maurice Ravel, was born in Ciboure, France. In 1876, Alexander Graham Bell received a patent for the telephone. In 1952, West Indian cricketer Viv Richards, who earned the nickname ”Master Blaster“ as arguably the finest batter of his generation, was born in Antigua. In 1965, state troopers used nightsticks and tear gas to attack civil rights activists as they crossed a bridge in Selma, Alabama, during their attempted march to the state capitol in Montgomery. In 1987, boxer Mike Tyson became the youngest heavyweight to acquire the World Boxing Association championship belt when he defeated James Smith in 12 rounds. In 1999, director and writer Stanley Kubrick died in England at age 70. In 2010, director Kathryn Bigelow became the first woman to win an Academy Award for best director, for “The Hurt Locker.”
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