The KUIK Closing Market Report for Monday, January 4:
Markets had a big down day.
Index Direction Change Units Index Time Change
Dow Down (276) points 17,149 1:49 PM
S&P500 Down -1.5% percent 2,013 (31.28)
Nasdaq Composite Down -2.1% percent 4,903 (104.32)
30 Year Treasury Down (2) Basis Points 2.99 Annual Yield
The Shanghai Composite Index fell 7% on a weak manufacturing report. The slide activated the circuit-breaker system for Chinese stocks, halting trading for the rest of the day and rekindling fears of a repeat of last August’s plunge, when the selloff in China’s stock market sparkeda global stock selloff.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/treasury-prices-surge-as-equity-rout-sparks-flight-to-quality-2016-01-04
For today’s Closing Market Report click to listen->