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| Sponsored message from Covisum | |
| The Elephant and The Snowball | |
| How Advisors Can and Should Talk Taxes with Clients. Download the White Paper. Read more > | |
| Plan Sponsor Returns Declined in First Quarter | |
| This is the first dip since the third quarter of 2017, according to BNY Mellon Read more > | |
| Remind 403(b) Plan Clients to File Form 990 | |
| Failure to do so could result in their tax-exempt status being revoked, which will affect their ability to offer 403(b) plans. Read more > | |
| MetLife to Take On Pension Benefits for FedEx Retirees and Beneficiaries | |
| Approximately 41,000 FedEx retirees and beneficiaries in defined benefit pension plans will receive annuity benefits. Read more > | |
| Market Mirror | |
| Wednesday, the Dow increased 182.33 points (0.75%) to 24,542.54, the NASDAQ climbed 73.00 points (1.00%) to 7,339.91, and the S&P 500 gained 25.87 points (0.97%) to finish at 2,697.79. The Russell 2000 was up 9.66 points (0.61%) at 1,596.05, and the Wilshire 5000 closed 250.02 points (0.90%) higher at 28,078.62. The price of the 10-year Treasury note was down 6/32, increasing its yield to 3.001%. The price of the 30-year Treasury bond decreased 17/32, bringing its yield up to 3.159%. | |
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Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com
Advertising: Paul Zampitella paul.zampitella@strategic-i.com
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