The KUIK Closing Market Report for Friday, October 28:
Markets finished down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(8)
points
18,161
2:36 PM
S&P500
Down
-0.3%
percent
2,126
(6.63)
Nasdaq Composite
Down
-0.5%
percent
5,190
(25.87)
30 Year Treasury
Up
2
Basis Points
2.62
Annual Yield
U.S. stocks finished lower on news that the Federal Bureau of Investigation is looking at new emails related to Hillary Clinton. FBI Director James Comey said he had learned of new emails that “appear to be pertinent” to its investigation into Clinton’s use of a private-email server during her time as Secretary of State. The director said the bureau cannot yet assess whether the messages are “material.” The news raised the possibility that Donald Trump could win the presidency, with Election Day less than two weeks away. The three major indexes fell but ended up from their worst levels of the day.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.