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 | Oklahoma Introduces Bills to Create State-Run Retirement ProgramThe legislation would require most employers that currently do not offer a retirement plan to offer one. Read more > |
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| Retirement Industry People Moves | |
| Hearts & Wallets selects chief client officer; executive VP and global head Joins AIG; and Former Lincoln Group exec moves to Transamerica as new president and CEO. Read more > | |
| Investment Product and Service Launches | |
| Fidelity Investments expands lineup of SMAs; Unision Risk Advisors launches PEP; Retiree, Inc. creates first decumulation model portfolio; and more. Read more > | |
| Market Mirror | |
| Friday, the Dow climbed 293.05 points (0.90%) to 32,778.64, the Nasdaq closed 78.81 points (0.59%) lower at 13,319.87, and the S&P 500 was up 4.00 points (0.10%) at 3,943.34. The Russell 2000 gained 14.25 points (0.61%) to finish at 2,352.79, and the Wilshire 5000 increased 55.64 points (0.13%) to 41,900.62. The price of the 10-year Treasury note decreased 30/32, bringing its yield up to 1.625%. The price of the 30-year Treasury bond fell 1 6/32, increasing its yield to 2.383%. For the week ending March 12, the Dow gained 4.07%, the Nasdaq increased 3.09%, and the S&P 500 was up 2.64%. The Russell 2000 climbed 7.33%, and the Wilshire 5000 finished 3.29% higher. | |
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