The KUIK Closing Market Report for Wednesday, November 16:
Markets were mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(55)
points
18,868
2:35 PM
S&P500
Down
-0.2%
percent
2,177
(3.45)
Nasdaq Composite
Up
0.4%
percent
5,295
18.96
30 Year Treasury
Down
(4)
Basis Points
2.93
Annual Yield
The US should bar Chinese state-owned enterprises from acquiring U.S. companies – takeovers that give China an unfair advantage in trade relations, according to the U.S. China Economic and Security Review Commission. It says the lack of market access for U.S. firms has created an unbalanced trading and investment relationship with China, which is harmful to U.S. interests, the commission’s annual report maintains.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.