| The KUIK Closing Market Report for Monday, July 27: | |||||||
| Markets were down. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (128) | points | 17,441 | 7:12 AM | ||
| S&P500 | Down | -0.6% | percent | 2,068 | 5.46 | ||
| Nasdaq Composite | Down | -1.0% | percent | 5,040 | 0.60 | ||
| 30 Year Treasury | Down | (2) | Basis Points | 2.95 | Annual Yield | ||
| A big drop overnight in the Shanghai Composite. It closed down 8.5% for its biggest one-day slide since February 2007, That was the main reason for the hard day in the US market. The rout in Shanghai prompted the Chinese government to reassure investors. The U.S. indexes added to losses from last week, when stocks sold off following disappointing earnings and drop in commodity markets. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/wall-street-poised-to-join-in-global-selloff-led-by-china-2015-07-27 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||