The KUIK Closing Market Report for Wednesday, November 30:
Markets were mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
3
points
19,124
11:29 AM
S&P500
Down
-0.3%
percent
2,199
(1.00)
Nasdaq Composite
Down
-1.0%
percent
5,324
(47.29)
30 Year Treasury
Up
7
Basis Points
3.02
Annual Yield
Despite the pop in financial markets and consumer confidence in the wake of the election, there was no sign yet that it has impacted the economy, according to the Federal Reserve’s Beige Book. It’s a collection of anecdotes from business contacts in the Fed’s 12 regional districts and was based on comments collected by Nov. 18. In a majority of districts, staffing services reported “rising wages or difficulty filling positions without wage increases,
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
