The KUIK Closing Market Report for Wedndesday, July 22: |
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Markets were down. |
|
Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Down |
(68) |
points |
17,851 |
2:16 PM |
|
|
S&P500 |
Down |
-0.2% |
percent |
2,144 |
|
9.35 |
|
Nasdaq Composite |
Down |
-0.7% |
percent |
5,172 |
|
33.38 |
|
30 Year Treasury |
Down |
(4) |
Basis Points |
3.04 |
Annual Yield |
|
|
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Investors have put more money into exchange-traded funds than hedge funds for the first time, according to research firm ETFGI. There was $2.971 trillion invested in the 5,823 exchange-traded products listed globally at the end of the second quarter. The global hedge-fund industry has $2 billion less under management. |
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Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/theres-now-more-money-in-etfs-than-hedge-funds-2015-07-22 |
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For today’s Closing Market Report click to listen-> |
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