Showing entries with the service “Defined Benefit Services”.
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Mar 2021Market Moves: Mach 1, 2021
The U.S. equity markets were down last week, with the Dow Jones, S&P 500 and NASDAQ posting losses of 1.70%, 2.41%, and 4.90%, respectively. With optimism surrounding the slowing of COVID-19 cases, new vaccine rollout, and the House’s passage of a $1.9 trillion stimulus bill, there is concern about …
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Feb 2021Market Moves: February 22, 2021
The U.S. equity markets delivered mixed results last week, with the Dow Jones Index posting a slight gain of 0.2% and the S&P 500 and NASDAQ posting losses of 0.7% and 1.5%, respectively. While stimulus hopes and growth optimism have dominated price action in recent weeks, the focus of the marke…
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Feb 2021Market Moves: February 16, 2021
U.S. equity markets continue to march higher, with the major indices posting weekly gains of 1.1% and 1.7%. Promising earnings results and the reassurance that monetary and fiscal policy will continue to support the economy and the markets continue to underpin stock prices. Here are some other insig…
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Feb 2021Market Moves: February 8, 2021
The U.S. stock markets recovered quickly from last week’s decline, with many of the major indices climbing to new all-time highs. The market’s recovery was driven by strong corporate earnings, the expectation that the new Biden administration may be able to pass its $1.9 trillion stimulus bill witho…
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Feb 2021Market Moves: February 1, 2021
The U.S. equity markets ended last week lower as a “flash mob” of retail investors rocked the market, causing headaches for several well-known hedge funds. While regulators and investors try to digest what this new dynamic means for the markets, the volatility and unusual price moves in a handful of…
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Jan 20212021 Defined Benefit (DB) Compliance Calendar
This 2021 Compliance Calendar highlights critical compliance deadlines for defined benefit retirement plans.
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Jan 2021This Week's Market Moves: January 25, 2021
Stock markets continued to grind higher, with the major indices gaining between 0.6% and 4.2% last week. Hopes for additional stimulus from the new Biden administration drove much of the gains; however, concerns about opposition in Congress tempered the market’s optimism. Here are some other ins…
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Jan 2021Market Moves: January 19, 2021
Weaker than expected economic data and concerns about the lingering virus weighed on stock prices, with the major U.S. benchmarks closing lower last week. While the market initially cheered the prospect of more fiscal stimulus, stock prices were not able to sustain the rally in the wake of a disappo…
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Jan 2021This Week's Market Moves: January 11, 2021
The U.S. equity markets posted solid gains in the first trading week of the new year, despite a disappointing labor market report and political unrest in Washington. Prospects of another fiscal stimulus package drove the 10-year U.S. Treasury yield decisively above the 1.0% level. Below are some…
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Dec 2020This Week's Market Moves: December 21, 2020
Stimulus talks and the vaccine rollout continued to drive stock prices last week, with the S&P 500 Index delivering a modest weekly gain of 1.29%. Here are some other insights on the markets and economy from last week: =The major U.S. equity indices made new all-time highs, but gains faded toward…
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