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November 22nd, 2022
Insight on Plan Design & Investment Strategy Every Weekday
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MARKET MIRROR |
Monday, the Dow lost 45.41 points (0.13%) to close at 33,700.28, the Nasdaq decreased 121.55 points (1.09%) to end trading at 11,024.51 and the S&P 500 decreased 15.40 points (0.39%) to close at 3,949.94. The Russell 2000 lost 10.59 points (0.57%) to close at 1,839.14 Wilshire 5000 decreased 192.23 points (0.49%) to close at 39,247.66.
The price of the 10-year Treasury note increased 1/32, bringing the yield down to 3.833% The price of the 30-year Treasury note decreased 1/32, bringing the yield up to 3.904%.
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SURVEYS
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CIO’s Transition Management Survey
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Are you a provider of transition management services and want to make your services known to institutional investors? If so, you are invited to respond to CIO’s Transition Management Survey.
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EVENTS
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Plan Progress Webinar: Student Loan Debt Benefits
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Join PLANPSONSOR and a panel of experts on December 15 to learn what options are available for student loan debt benefits, their structure and cost; how student loan repayment help fits into an employer’s overall financial wellness benefits; what communications employees need about student loan debt and saving for retirement, and more.
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ON THIS DATE: In 1943, tennis champion and winner of 20 Wimbledon titles Billie Jean King, was born. In 1950, the lowest scoring game in N.B.A. history was played as the Fort Wayne Pistons defeated the Minneapolis Lakers by a score of 19-18. In 1963, John Fitzgerald Kennedy, the 35th president of the United States, was assassinated while traveling through Dallas in an open-top convertible. In 1975, Juan Carlos became king of Spain, two days after the death of Francisco Franco. In 1986, with a second-round knockout of Trevor Berbick, 20-year-old Mike Tyson became the youngest heavyweight champion in boxing history. In 1990, Margaret Thatcher, the first female prime minister in British history, announced her resignation after 11 years in Britain’s top office. In 2016, the Dow Jones Industrial Average closed above 19,000 for the first time in its 120-year history. It closed at 19,023.87 for the day.
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