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July 9th, 2019 |
 | SECURE Act Ensnared in Senate After Flying Through House
Washington insiders say Senator Ted Cruz is probably the biggest roadblock to the SECURE Act being passed in the near-term under unanimous consent; among other issues, he wants the bill to allow people to use tax-advantaged 529 college savings account to pay for home school expenses.
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| Sponsored message from Voya | | What’s missing from your fixed income lineup? | | Whether you need something traditional or custom, we create both. Discover Voya’s Fixed Income solutions – skillfully made.
Read more > | | | Data Points: Company Matches on the Rise | | More than 2/3 of employers now sweeten the pot to help workers save.
Read more > | | | Meet the Top 10 DCIO Providers | | In order to differentiate themselves, more than eight in 10 DCIO companies will hold due diligence meetings (85%), and 77% offer investment committee meetings, conferences for advisers and research to advisers.
Read more > | | | Market Mirror | | Yesterday, the Dow was down 115.98 points (0.43%) at 26,806.14, the NASDAQ lost 63.41 points (0.78%) to finish at 8,098.38, and the S&P 500 decreased 14.46 points (0.48%) to 2,975.95. The Russell 2000 fell 14.24 points (0.90%) to 1,561.39, and the Wilshire 5000 closed 165.59 points (0.54%) lower at 30,598.13.
The price of the 10-year Treasury note decreased 23/32, bringing its yield up to 2.051%. The price of the 30-year Treasury bond increased 24/32, bringing its yield down to 2.533%.
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