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April 6th, 2023
Insight on Plan Design & Investment Strategy Every Weekday
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MARKET MIRROR |
Wednesday, the Dow gained 80.34 points (0.24%) to close at 33,482.72, the Nasdaq fell 129.47 points (1.07%) to close at 11,996.86 and the S&P 500 fell 10.22 points (0.25%) to close at 4,090.38. The Russell 2000 dropped 7.52 points (0.33%) to close at 2,238.36 and the Wilshire 5000 dropped 159.49 points (0.39%) to close at 40,363.43.
The price of the 10-year Treasury note increased 3/32, bringing the yield to 3.313%. The price of the 30-year Treasury bond increased 5/32, bringing the yield to 3.572%
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ON THIS DATE: In 1896, the first modern Olympic Games began in Athens, Greece. In 1909, American explorer Robert Edwin Peary led the first expedition to the North Pole. In 1917, the United States declared war on Germany, entering World War I three years after the conflict began. In 1924, four planes left Seattle on the first successful flight around the world. In 1947, the Tony Awards were presented for the first time; notable winners included actress Ingrid Bergman, playwright Arthur Miller and director Elia Kazan. In 1974, Swedish Europop group ABBA had their international breakthrough as they captured the top prize at the Eurovision Song Contest with “Waterloo.” In 2009, American basketball player Michael Jordan, widely considered the game’s greatest all-around player, was elected to the Naismith Memorial Basketball Hall of Fame.
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