Tag: 401(k) investing

Investing November 9th, 2020

401(k) Investors Traded Exclusively Into Fixed Income in October

It was the first time in the more than 20-year history of the Alight Solutions 401(k) Index that this happened over the course of an entire month.

Products March 2nd, 2020

Vestwell Enhances Retirement Plan Platform

The enhanced platform enables advisers, payroll companies and enterprise partners to focus on their core competencies.

Investing October 15th, 2019

401(k) Investors Continue to Flee Equities

The third quarter marked the seventh consecutive quarter that 401(k) participants have moved their money from equities into fixed income, according to Alight.

MARKET MIRROR

Friday, the Dow was down 486.27 points (1.62%) to close at 29,590.41, the Nasdaq lost 198.88 points (1.80%) to end trading at 10,867.926 and the S&P 500 fell 64.76 points (1.72%) points to finish at 3,693.23. The Russell 2000 slipped 42.72 points (2.48%) to close at 1,679.59 and the Wilshire 5000 decreased 695.95 points (1.86) to end trading at 36,787.20.

The price of the 10-year Treasury note increased 2/32 bringing the yield down to 3.691%. The price of the 30-year Treasury bond increased 5/32 bringing the yield down to 3.615%.

For the week ending September 23, the Dow was down 4.00%, the Nasdaq fell 5.07% and the S&P 500 lost 4.65%. The Russell 2000 decreased 6.60%, and the Wilshire 5000 ended the week 5.07% lower.