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October 29th, 2019
Insight on Plan Design & Investment Strategy Every Weekday
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| Market Mirror |
Yesterday, the Dow gained 132.66 points (0.49%) to finish at 27,090.72, the NASDAQ closed 82.87 points (1.01%) higher at 8,325.99, and the S&P 500 increased 16.87 points (0.56%) to 3,039.42. The Russell 2000 was up 13.22 points (0.85%) at 1,571.93, and the Wilshire 5000 climbed 173.10 points (0.56%) to 31,009.32.
The price of the 10-year Treasury note was down 4/32, increasing its yield to 1.847%. The price of the 30-year Treasury bond decreased 32/32, bringing its yield up to 2.334%.
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ON THIS DATE: In 1652, the Massachusetts Bay Colony proclaimed itself to be an independent commonwealth. In 1682, William Penn landed at what is now Chester, Pennsylvania. He was the founder of Pennsylvania. In 1863, the International Committee of the Red Cross was founded. In 1929, America’s Great Depression began with the crash of the Wall Street stock market. In 1940, the first peacetime military draft began in the U.S. In 1945, the first ballpoint pens to be made commercially went on sale at Gimbels Department Store in New York at the price of $12.50 each. In 1960, Muhammad Ali (Cassius Clay) won his first professional fight. In 1966, the National Organization for Women was founded. In 1969, the U.S. Supreme Court ordered an immediate end to all school segregation. In 1991, the U.S. Galileo spacecraft became the first to visit an asteroid (Gaspra). In 2001, KTLA broadcasted the first coast to coast HDTV network telecast.
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