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September 15th, 2020
Insight on Plan Design & Investment Strategy Every Weekday
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Awards
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PSOY: Nonprofit DC <$500MM
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We are pleased to announce the Plan Sponsor of the Year award winner in the Nonprofit DC <$500MM category—Cobleskill Regional Hospital. View the expanded profile here. 
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PSOY: Nonprofit DC >$500MM
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We are pleased to announce the Plan Sponsor of the Year award winner in the Nonprofit DC >$500MM category—Yale University. Read the expanded profile here.
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| Market Mirror |
Yesterday, the Dow gained 327.69 points (1.18%) to finish at 27,993.33, the NASDAQ closed 203.11 points (1.87%) higher at 11,056.65, and the S&P 500 increased 42.57 points (1.27%) to 3,383.54. The Russell 2000 was up 39.70 points (2.65%) at 1,536.97, and the Wilshire 5000 climbed 536.65 points (1.58%) to 34,609.36.
The price of the 10-year Treasury note was down 1/32, increasing its yield to 0.679%. The price of the 30-year Treasury bond decreased 22/32, bringing its yield up to 1.417%.
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ON THIS DATE: In 1789, the U.S. Department of Foreign Affairs was renamed the Department of State. In 1853, Reverend Antoinette Brown Blackwell was ordained, becoming first female minister in the United States. In 1916, during the Battle of the Somme, the British launched a major offensive against the Germans, employing tanks for the first time in history. In 1928, Alexander Fleming discovered the antibiotic penicillin in the mold Penicillium notatum. In 1949, “The Lone Ranger” premiered on ABC. In 1963, a bomb exploded during Sunday morning services in the 16th Street Baptist Church in Birmingham, Alabama, killing four young girls. In 1978, boxer Muhammad Ali defeated Leon Spinks at the Louisiana Superdome in New Orleans to win the world heavyweight boxing title for the third time in his career, the first fighter ever to do so. In 1982, the first issue of “USA Today” was published. In 1997, the domain name “google.com” was registered. In 2008, Wall Street brokerage firm Lehman Brothers sought Chapter 11 bankruptcy protection, becoming the largest victim of the subprime mortgage crisis that would devastate financial markets and contribute to the biggest economic downturn since the Great Depression.
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