Closing Market Report 7/21/2015

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
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