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Wednesday, December 20, 2023
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Doll Scores 50/50 on 2023 Predictions
PA-121923-Vanguard-New-FA-Head-1254563152-web
The market prognosticator said the predictions for 2023 were among his ‘worst years,’ after a widely predicted recession did not materialize.
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American Students Score Poorly in Financial Literacy
An inaugural study by the SPARK Institute is an early step in engaging the retirement plan community to teach basic finance.
Today’s Most Read
1. LPL Terminates CEO Arnold for Violating “Respectful Workplace” Rules
2. LPL’s Arnold Has Settlement Chance as Steinmeier Called Worthy Successor
3. Charles Schwab CEO Walt Bettinger to Retire
Former Maryland Governor Martin O’Malley Confirmed as SSA Commissioner
O’Malley says he will set his focus on employee morale and improving Social Security Administration response time.
House Judiciary Committee Issues Subpoenas to BlackRock, State Street for ESG Documents
The Republican-controlled committee alleges collusive behavior against the fossil fuel industry by asset managers participating in climate-related initiatives.
Vanguard Names New Head of Financial Adviser Division
Amma Boateng will assume the role in January, replacing Tom Rampulla, who is retiring after 35 years at the firm.
Market Mirror Market Mirror Graph

Tuesday, the Dow rose 251.90 points (0.68%) to close at 37,557.92, the Nasdaq rose 98.03 points (0.66%) to close at 15,003.22 and the S&P 500 rose 27.81 points (0.59%) to close at 4,768.37. The Russell 2000 rose 38.54 points (1.94%) to close at 2,020.95, and the FT Wilshire 5000 Index rose 343.8 points (0.72%) to close at 48,276.22.

The 10-year Treasury note rose 1/32 , bringing the yield to 3.932%. The 30-year Treasury bond rose 1/32, bringing the yield to 4.040%. 

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