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Monday, November 28, 2022
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AARP Finds Major Gap Between Retirement Goals and Preparedness
PA-AARP Retirement Gap
A new AARP study finds there is still a wide gap between the importance people put on retirement planning and their sense of preparedness.
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Retirement Industry People Moves
Voya expands distribution team; Ryan Financial Group joins Commonwealth; DigitalOcean names chief financial officer and more.
Today’s Most Read
1. SageView Names New CFO, Adds Chief Growth Officer
2. 4 Bipartisan Bills Would Restrict Investment in China
3. Millennials, Gen Z Triple Financial Wealth Since 2019
Investment Product and Service Launches
Hartford Funds launches new factor-based equity ETF; BenchMine creates free search engine for 401(k) industry plan data; and Corebridge Financial introduces Dimensional Index designed for Power Series of Index Annuities.
DOL Rule Greenlights ESG, But Questions Remain
The new final rule seeks to make ESG permissible for ERISA plans, but specific use will still need to play out, according to ERISA attorneys.
Webinar: Wealth Management in a Retirement Plan Practice
Join PLANADVISER on December 13 as a panel of industry experts discuss why wealth and retirement belong together—or do they?; how wealth management can be fit into an advisory firm’s service offering; how to approach revenue opportunities in wealth management, and more.
Market Mirror Market Mirror Graph

Wednesday, the Dow gained 95.96 points (0.28%) to end trading at 34,194.06, the Nasdaq increased 110.91 (0.99%) to close at 11,285.32 and the S&P 500 increased 23.68 points (0.59%) to close at 4,027.26. The Russell 2000 gained 3.08 points (0.17%) to close at 1,863.52 and the Wilshire 5000 increased 233.88 points (0.59%) to close at 40,013.61.   

Friday, the Dow increased 152.97 points (0.45%) to close at 34,347.03, the Nasdaq lost 58.96 points (0.52%) to end trading at 11,226.36 and the S&P 500 lost 1.14 points (0.03%) to close at 4,026.13. The Russell 2000 gained 5.67 points (0.30%) to close at 1,869.19 and the Wilshire 5000 increased 5.32 points (0.01%) to close at 40,018.88. The price of the 10-year Treasury bond increased 1/32, bringing the yield down to 3.688%. The price of the 30-year Treasury bond decreased 2/32, bringing the yield down to 3.741%.  

For the week ending November 25, the Dow gained 1.78%, the Nasdaq increased 0.72% and the S&P 500gained 1.53%. The Russell 2000 gained 1.05% and the Wilshire 5000 finished 1.47% higher.

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