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June 25th, 2020 |
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| Sponsored message from ISS MEDIA | | The May— June Issue of PLANADVISER MAGAZINE has arrived. | | Click here to read>>
Read more > | | | Apples vs. Oranges | | “I don’t believe past trends can be implicative of what’s occurring now,” says Stacy Sandler, national leader for Deloitte’s retirement and wealth consulting practice in San Francisco. It is too soon to predict what will happen as a result of COVID-19, she says.
Read more > | | | Employers Called on to Retain Older Workers | | Beyond training, employers could help older workers to remain in the workforce by allowing them to transition from full-time to part-time work. Currently, only 28% of workers are given that option.
Read more > | | | Damage Control in a Downturn | | The smallest-plan sponsors may already be overwhelmed with workforce, business and retirement plan decisions.
Read more > | | | Market Mirror | | Wednesday, the Dow lost 710.16 points (2.72%) to finish at 25,445.94, the NASDAQ closed 222.20 points (2.19%) lower at 9,909.17, and the S&P 500 decreased 80.96 points (2.59%) to 3,050.33. The Russell 2000 was down 49.60 points (3.45%) at 1,389.74, and the Wilshire 5000 fell 840.56 points (2.63%) to 31,105.62.
The price of the 10-year Treasury note was up 4/32, decreasing its yield to 0.683%. The price of the 30-year Treasury bond increased 1 3/32, bringing its yield down to 1.437%.
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