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October 31st, 2019
Insight on Plan Design & Investment Strategy Every Weekday
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| Market Mirror |
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Wednesday, the Dow gained 115.27 points (0.43%) to finish at 27,186.69, the NASDAQ closed 27.12 points (0.33%) higher at 8,303.98, and the S&P 500 increased 9.88 points (0.33%) to 3,046.77. The Russell 2000 was down 4.23 points (0.27%) at 1,572.85, and the Wilshire 5000 was up 84.24 points (0.27%) at 31,063.00. The price of the 10-year Treasury note was up 6/32, decreasing its yield to 1.776%. The price of the 30-year Treasury bond increased 1 6/32, bringing its yield down to 2.261%.
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ON THIS DATE: In 1517, Martin Luther posted the 95 Theses on the door of the Wittenberg Palace Church. The event marked the start of the Protestant Reformation in Germany. In 1864, Nevada became the 36th state to join the U.S. In 1926, magician Harry Houdini died of gangrene and peritonitis resulting from a ruptured appendix. His appendix had been damaged twelve days earlier when he had been punched in the stomach by a student. During a lecture Houdini had commented on the strength of his stomach muscles and their ability to withstand hard blows. In 1941, Mount Rushmore was declared complete after 14 years of work. At the time the 60-foot busts of Presidents George Washington, Thomas Jefferson, Theodore Roosevelt and Abraham Lincoln were finished. In 1950, 21-year-old Earl Lloyd became the first African-American to play in an NBA game when he took the court in the season opener for the Washington Capitols. In 1956, Rear Admiral G.J. Dufek became the first person to land an airplane at the South Pole. Dufek also became the first person to set foot on the South Pole. In 2001, Microsoft and the U.S. Justice Department reached a tentative agreement to settle the antitrust case against the software company.
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