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Equity prices finished the week higher as second quarter earnings came in better than expected, with the S&P 500 Index closing up 2.5%, just shy of its pre-pandemic high. Here are some other insights on the markets and the economy from this past week: Stock prices edged higher last week, despit…Read more
The markets were volatile last week, in the face of earnings reports and the continued global spread of the coronavirus. Below are some additional insights on the market and the economy from last week: The worst quarterly decline in economic activity, rising jobless claims, and a dovish Fed kept …Read more
In the first half of 2020, the global pandemic has created major challenges for colleges and universities. Learn more about the hot topics for higher education retirement plan sponsors and what they mean in terms of plan compliance in our webinar.Read more
With a growing interest in ESG funds, what does the DOL's proposed rule mean for their future in retirement plans?Read more
The U.S. equity markets finished the week lower, as investors feared the relentless rise in coronavirus cases might stall the economic recovery. An unexpected rise in the initial jobless claims data and escalating tension between the U.S. and China added to the negative sentiment. Here are some othe…Read more
The S&P 500 index finished the week up 1.3%, as optimism over vaccine developments outweighed fears of another economic setback due to surging coronavirus cases. Here are some other insights on the markets and economy from last week: Encouraging news on vaccine developments from Moderna lifted st…Read more
Stocks finished the week on a positive note, buoyed by encouraging news that Gilead’s remdesivir is proving to be an effective coronavirus treatment. Here are some other insights on the market and the economy this week: The S&P 500 index has traded sideways for the better part of a month, after a…Read more
The stock market reacted positively to strong employment numbers, despite a surge in coronavirus cases. Stocks ended the week higher, with the Nasdaq Composite reaching a record high and the S&P 500 index rising 1.55%. Looking at the quarter, stocks finished with the best quarterly return since 1998…Read more
Stock prices delivered modest gains this week, with the S&P 500 index rebounding 1.9%. A stronger-than-expected retail sales report, along with hopes for additional stimulus, helped stocks erase some of last week’s sharp losses. Here are some other insights on the market and the economy from this we…Read more
The much-anticipated final e-disclosure rule was recently released and while there are many related benefits, there are also some steps that retirement plan sponsors need to take before fully moving to paperless environment.Read more