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October 16th, 2020 |
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JPMorgan Everyday 401(k) Platform Signifies Micro-Market Competition | SS&C Technologies will act as the underlying recordkeeper for the Everyday 401(k) small-business retirement plan solution, which the firm’s leadership says will complement the existing Retirement Link platform backed by Empower.
Read more > | | Bringing Alternative Assets Into 401(k) Plans | The market volatility that ensured at the outset of the coronavirus pandemic has shown the importance of diversifying retirement plan portfolios.
Read more > | | Market Mirror | Thursday, the Dow decreased 19.80 points (0.07%) to 28,494.20, the NASDAQ lost 54.86 points (0.47%) to finish at 11,713.87, and the S&P 500 was down 5.33 points (0.15%) at 3,483.34. The Russell 2000 was up 1.34 points (0.08%) at 1,638.88, and the Wilshire 5000 closed 21.35 points (0.06%) lower at 35,993.53.
The price of the 10-year Treasury note decreased 22/32, bringing its yield up to 0.734%. The price of the 30-year Treasury bond was down 1/32, increasing its yield to 1.512%.
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