Price Return Last Week S&P 500 (0.6%) S&P Mid Cap +0.9% Russell 2000 +1.2% MSCI EAFE +0.9% MSCI EM +0.4% 10 Yr US Treasury Rate – rose from 4.14% to 4.20% Source: Refinitiv Eikon Recent News Fed Cuts Rates – The Federal Open Market Committee voted 9-3 to lower interest rates by 0.25%. This brings the federal-funds rate to a range of 3.5-3.75%, a three-year low. Of the three dissenters, two voted to keep rates the same and one voted