The KUIK Closing Market Report for Tuesday, October 25:
Markets were down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(54)
points
18,169
2:30 PM
S&P500
Down
-0.4%
percent
2,143
(8.17)
Nasdaq Composite
Down
-0.5%
percent
5,283
(26.43)
30 Year Treasury
Down
(2)
Basis Points
2.50
Annual Yield
China led the world in expanding renewable energy capacity in the last year, and it’s set to grow by another 60% over the next half decade, according to a report today by the International Energy Agency. Integrating that capacity could be difficult, given a slowdown in demand for electricity and the fact that renewables still compete with less costly fossil fuels. The IEA predicts that in 2021, more than one-third of global solar photovoltaic and onshore wind capacity will be located in China.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
