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Weekday news and analysis for retirement plan advisers
Monday, August 15, 2022
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DEALS & PEOPLE
Retirement Industry People Moves
Mutual of Omaha Retirement Services announces new hire; CAPTRUST adds endowments and foundations director; PlanMember opens new financial center in Pittsburgh; and more.
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The LGBTQ Experience With Financial Services
A recent NEFE study examines the broad range of experiences members of the LGBTQ community have had while interacting with the financial services sector.
Today’s Most Read
1. Retirement Industry People Moves
2. Maryland’s State-Run Retirement Program Officially Launches
3. Judge Rules in Favor of Goldman Sachs in ERISA Suit
OneAmerica, ProNvest Debut Adviser Portal Feature
The online portal offers participants the option of connecting their current retirement plan data with other unconnected investments.
Alerus Makes Emergency Savings Accounts Available for Retirement Plan Participants
Participants save via employer payroll deductions and interest is paid monthly.
PRACTICE PROGRESS Webinar Series: CITs and More
The 2022 PLANADVISER Practice Progress Webinar Series continues August 16 with a timely session on collective investment trusts and other investment vehicles. Join the live discussion and share your comments and questions!
Meet Dave Barry, Professional Humorist and Pulitzer Prize Winner
Among his accomplishments, Barry won the Pulitzer Prize for commentary, although he misplaced it for several years, which is why his wife now keeps it in a secure location that he does not know about.
Market Mirror Market Mirror Graph

Friday, the Dow gained 424.38 points (1.27%) to close at 33,761.05, the Nasdaq soared 267.27 points (2.09%) to 13,047.19 and the S&P 500 extended 72.69 points (1.73%) to close at 4,279.96. The Russell 2000 spiked 41.36 points (2.09%) to 20,016.62 and the Wilshire 5000 boosted 716.82 points (1.70%) to 42,843.24.

The price of the 10-year Treasury note increased 26/32 lowering the yield down to 2.842%. The price of the 30-year Treasury bond increased 12/32 lowering the yield down to 3.110%.

For the week ending August 12, the Dow increased 2.92%, the Nasdaq gained 3.08%, and the S&P 500 won 3.08%. The Russell 2000 spiked 4.93% and the Wilshire 5000 finished 3.39% higher.

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