The KUIK Closing Market Report for Thursday, July 27:
Markets were mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
86
points
217,797
2:41 PM
S&P500
Down
-0.1%
percent
2,475
0.70
Nasdaq Composite
Down
-0.6%
percent
6,382
10.57
30 Year Treasury
Up
4
basis points
2.93
Annual Yield
Joseph Otting, President Trump’s nominee to lead the Office of the Comptroller of the Currency, and Randal Quarles, his pick to be the vice chairman for supervision at the Federal Reserve, testified before the Senate Banking Committee. Senator Joe Donnelly, Democrat from Democrat, asked the pair on what they fear was the most likely to ruin the economy the way housing did during the Great Recession. They flagged student and auto loans as the biggest risks to the financial system.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
