The KUIK Closing Market Report for Thursday, August 3:
Markets ended mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
10
points
22,026
2:01 PM
S&P500
Down
-0.2%
percent
2,472
(5.41)
Nasdaq Composite
Down
-0.4%
percent
6,340
(22.30)
30 Year Treasury
Down
(4)
basis points
2.81
Annual Yield
The Pentagon moved a step closer to buying two deeply discounted 747 jumbo jets from Boeing for the Air Force One fleet after four congressional panels approved a request to shift $195 million in funding. The deal to buy planes to be used by the president has attracted attention because of why they have been sitting in storage and available: They were originally built for Transaero Airlines, once Russia’s second-largest airline. The carrier never signed for the jets before it dissolved in 2015. The planes will still require extensive and pricey modifications before entering service as Air Force One’s.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
