Advisers Believe AI Will Create Competitive Advantage |
Two-thirds of registered investment advisers and fee-based advisers believe artificial intelligence will give them a competitive advantage, a survey by Nationwide Advisory Solutions found. Among the 33% who are early adopters, 94% of this group believe AI gives them a competitive advantage.
Read more > |
|
Asian Americans Could Use More Education About Retirement Planning |
A MassMutual study finds Asian Americans are more thoughtful retirement investors than other demographics, but they lack education about how long they will need to make their savings last and the timing of claiming Social Security.
Read more > |
|
Older Americans Have Learned to Balance Income and Spending |
A survey from the Society of Actuaries suggests that if retirees are able to survive financially to age 85, concerns about finances drop significantly.
Read more > |
|
Market Mirror |
Wednesday, the Dow gained 52.40 points (0.21%) to finish at 24,886.81, the NASDAQ closed 47.50 points (0.64%) higher at 7,425.96, and the S&P 500 increased 8.85 points (0.32%) to 2,733.29. The Russell 2000 was up 2.37 points (0.15%) at 1,627.61, and the Wilshire 5000 climbed 84.13 points (0.30%) to 28,444.17.
The price of the 10-year Treasury note increased 21/32, bringing its yield down to 2.987%. The price of the 30-year Treasury bond climbed 1 2/32, decreasing its yield to 3.149%.
|
|