The KUIK Closing Market Report for Tuesday, July 21: |
|
Markets were down. |
|
Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Down |
(181) |
points |
17,919 |
1:15 PM |
|
|
S&P500 |
Down |
-0.4% |
percent |
2,119 |
|
(9.07) |
|
Nasdaq Composite |
Down |
-0.2% |
percent |
5,208 |
|
(10.74) |
|
30 Year Treasury |
Down |
(3) |
Basis Points |
3.08 |
Annual Yield |
|
|
|
Citigrouphas been ordered to pay an estimated $700 million to customers by the Consumer Financial Protection Bureau. It will also pay $70 million in civil penalties. The enforcement action announced this morning is tied to targeting and billing tactics from 2000 to 2013 of credit card add-ons, including credit-monitoring and debt-protection services. Some customers were deceptively enrolled in these programs and some services promised weren’t provided. |
|
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
|
http://www.marketwatch.com/story/citibank-ordered-to-pay-700-million-in-consumer-relief-for-deceptive-marketing-2015-07-21-111035851 |
|
For today’s Closing Market Report click to listen-> |
|