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Retirement Industry People Moves |
Securian Financial hires regional sales VP; Robeco adds to supervisory board; IRS names associate chief counsel for EEE; and more.
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Investment Product and Service Launches |
Transamerica announces management fee reductions and J.P. Morgan AM reduces fees in two series.
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2020 PLANADVISER Micro Plan Survey |
Micro plans have much to gain from adviser help with fiduciary matters.
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Market Mirror |
Friday, the Dow decreased 159.42 points (0.56%) to 28,133.31, the NASDAQ fell 144.97 points (1.27%) to 11,313.13, and the S&P 500 closed 28.10 points (0.81%) lower at 3,426.96. The Russell 2000 was down 9.38 points (0.61%) at 1,535.30, and the Wilshire 5000 lost 305.39 points (0.87%) to finish at 34,970.28.
The price of the 10-year Treasury note decreased 8/32, bringing its yield up to 0.723%. The price of the 30-year Treasury bond fell 2 29/32, increasing its yield to 1.473%.
For the week ending September 4, the Dow was down 1.82%, the NASDAQ fell 3.27%, and the S&P 500 decreased 2.31%. The Russell 2000 lost 2.73%, and the Wilshire 5000 finished 2.73% lower.
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