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September 24th, 2024
Insight on Plan Design & Investment Strategy Every Weekday
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| MARKET MIRROR |
Monday, the Dow rose 61.29 points (0.15%) to close at 42,124.65, the Nasdaq rose 25.95 points (0.14%) to close at 17,974.27 and the S&P 500 rose 16.02 points (0.28%) to close at 5,718.57. The Russell 2000 fell 7.61 points (0.34%) to close at 2,220.28, and FT Wilshire 5000 Index rose 143.06 points (0.25%) to close at 57,243.72.
The 10-year Treasury note decreased 1/32, bringing the yield to 3.751%. The 30-year Treasury bond decreased 2/32, bringing the yield to 4.094%.
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EVENTS
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2024 Plan Sponsors in Conversation
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Join this week’s livestream on September 25 and 26 to hear PLANSPONSOR Plan Sponsor of the Year finalists and winners share stories of success in communication and participant engagement, financial wellness and retirement readiness, and address the ever-present issue of helping participants create retirement income. 
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ON THIS DATE: In 1938, Don Budge won the U.S. Open, becoming the first player, male or female, to win all four Grand Slam events consecutively in tennis. In 1957, racial desegregation took center stage when federal troops were dispatched to Little Rock, Arkansas to maintain order and enforce the right of black students to attend the local public high school. In 1960, the first nuclear-powered aircraft carrier, the Enterprise, was launched by the U.S. In 1968, the prime-time television news show “60 Minutes” debuted; created by Don S. Hewitt and featuring such reporters as Mike Wallace, it became one of the most successful programs in broadcast history. In 1991, alternative rock group Nirvana released its breakthrough album “Nevermind.” In 1993, Norodom Sihanouk was crowned king of Cambodia for the second time. In 1995, the BBC miniseries “Pride and Prejudice,” starring Colin Firth and Jennifer Ehle, debuted on British television, and it became one of the most acclaimed adaptations of Jane Austen’s classic novel. In 2015, according to Saudi officials, 769 people died in a stampede during the religious pilgrimage to Mecca; however, other estimates claim that more than 2,400 were killed, making it one of the deadliest accidents in the pilgrimage’s history.
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