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Monday, July 26, 2021
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LIVE WEBINAR TODAY: The Future of Health Care
Join us this afternoon at 2:00 p.m. EST for the next edition of the 2021 Practice Progress webinar series. The topic is The Future of Health Care—and What It Means for Retirement Planning.
Today’s Most Read
1. Most Claims Move Forward in Suit Over Aon CITs in 401(k) Plan
2. Northern Trust Accused of Fiduciary Breaches Related to AutoZone 401(k)
3. New Bill Aims to Solve for the Retirement Plan Coverage Gap
Advisers Confront Risk
Longevity risk and inflation are the ‘biggest challenges.’
Benefits for an Uncommon Group
The adviser industry must evolve to effectively serve the gig workforce—a growing segment of employees who need help with financial planning and with saving for retirement.
PEPs’ Predicted Growth
Advisers ‘on the fence’ may have several reasons to change their minds.
Market Mirror Market Mirror Graph

Friday, the Dow was up 238.20 points (0.68% to 35,061.55, the NASDAQ rose by 152.39 points (1.04%) for a 14,836.99 close, and the S&P 5000 took on 44.31 additional points (1.09%) to end at 4,411.79. The Russell 2000 was up by 10.17 points (0.46%) to 2,209.65, and the Wilshire 5000 climbed 449.25 points (0.99% for a 45,940.78 close.

The price of the 10-year Treasury note was flat, at 0.32, leaving its yield at 1.278%. The price of the 30-year Treasury bond ticked downwards by 1/32, increasing its yield ever so slightly to 1.922%.

WEEK’S WORTH: For the week ended July 23, the Dow rose 1.08%, the S&P 500 rose 1.96%, and the NASDAQ soared by 2.84%. The Russell 2000 was also up, by 2.15%, and the Wilshire 5000’s value gained 2.27%.

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