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September 1st, 2020
Insight on Plan Design & Investment Strategy Every Weekday
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Compliance
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Few Divorcing Couples Explore QDROs
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Older couples and women, in particular, are often put at a retirement disadvantage when faced with a divorce, a GAO report finds. 
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| Market Mirror |
Yesterday, the Dow lost 223.82 points (0.78%) to finish at 28,430.05, the NASDAQ closed 79.82 points (0.68%) higher at 11,775.46, and the S&P 500 decreased 7.70 points (0.22%) to 3,500.31. The Russell 2000 fell 16.47 points (1.04%) to 1,561.88, and the Wilshire 5000 was down 33.82 points (0.09%) at 35,807.76.
The price of the 10-year Treasury note was up 1/32, bringing its yield down to 0.704%. The price of the 30-year Treasury bond increased 30/32, decreasing its yield to 1.468%.
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ON THIS DATE: In 1890, an act of Congress created Yosemite National Park. In 1924, future President James Earl Carter was born in Plains, Georgia. In 1939, World War II began when Germany invaded Poland. In 1946, 12 high-ranking Nazis were sentenced to death by the International War Crimes Tribunal in Nuremberg. In 1961, New York Yankee Roger Maris became the first-ever major-league baseball player to hit more than 60 home runs in a single season. In 1970, the last episode of “I Dream of Jeannie” aired on NBC-TV. In 1979, the U.S. Pioneer 11 became the first spacecraft to visit Saturn. In 1985, the Titanic was found by Dr. Robert Ballard and Jean Louis Michel in a joint U.S. and French expedition.
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