Closing Market Report 11/18/2016

The KUIK Closing Market Report for Friday, November 18:
 
Markets ended down.
 
Index Direction Change Units Index Time Change  
Dow Down                    (36) points         18,868 2:08 PM    
S&P500 Down -0.2% percent           2,182         (5.22)  
Nasdaq Composite Down -0.2% percent           5,322       (12.46)  
30 Year Treasury Up                       3 Basis Points            3.02 Annual Yield    
 
President-elect Donald Trump will settle litigation surrounding the now-defunct Trump University by paying $25 million to victims. In a statement, New York Attorney General Eric Schneiderman said “every victim will receive restitution and that Donald Trump will pay up to $1 million in penalties to the State of New York for violating state education laws.” According to the Wall Street Journal, the deal settles cases in both California and New York.
 
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
 
http://www.marketwatch.com/story/trump-university-allegations-may-be-settled-for-around-20-million-wsj-reports-2016-11-18
 
For today’s Closing Market Report click to listen->