The KUIK Closing Market Report for Wednesday, November 9:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
257
points
18,590
2:14 PM
S&P500
Up
1.1%
percent
2,163
23.70
Nasdaq Composite
Up
1.1%
percent
5,251
57.58
30 Year Treasury
Up
25
Basis Points
2.88
Annual Yield
The 10-year Treasury yield surged the most in three years to trade above 2%, a level not seen since January, on expectations President Trump will boost fiscal spending, and add to the country’s debt burden. As Treasury prices fell, the yield on the 10-year Treasury note rose 20.3 basis points to 2.070%, its biggest single-day move since July 5, 2013, according to Dow Jones data.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
