Sponsored message from Voya |
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Planning for Wealth Transfer a Value Add From Financial Advisers |
Studies show all generations find legacy planning important and those who receive an inheritance feel more financially secure. And, Lincoln Financial has introduced a product to help advisers stretch clients’ inheritances over their lifetimes.
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Proposed Tax Could Hurt Retirement and College Savers |
Even outside of saving for retirement or a college education, an investor’s ability to save for any future goal is drastically diminished by the proposed financial transaction tax in Senate bill S. 1587, Vanguard says.
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Nasdaq and Wilmington Trust to Provide Tickers for CITs |
The two entities look to encourage CIT adoption among investors, a move that they say has stalled due to low awareness of the funds.
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Market Mirror |
Yesterday, the Dow fell 142.70 points (0.52%) to 27,076.82, the NASDAQ closed 23.17 points (0.28%) lower at 8,153.54, and the S&P 500 lost 9.43 points (0.31%) to finish at 2,997.96. The Russell 2000 was up 6.46 points (0.41%) at 1,584.60, and the Wilshire 5000 decreased 46.58 points (0.15%) to 30,717.92.
The price of the 10-year Treasury note increased 27/32, bringing its yield down to 1.845%. The price of the 30-year Treasury bond climbed 1 2/32, decreasing its yield to 2.317%.
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