The KUIK Closing Market Report for Tuesday, August 15:
Markets were flat.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
5
points
21,999
2:56 PM
S&P500
Down
-0.1%
percent
2,465
(1.23)
Nasdaq Composite
Down
-0.1%
percent
6,333
(7.22)
30 Year Treasury
Up
4
basis points
2.84
Annual Yield
China overtook Japan as the top holder of US treasurys in June, according to the Treasury International Capital report. China was the top holder back in October 2016. Its holdings of U.S. government paper rose to $1.147 trillion, up more than $44 billion from May. Japan’s fell $20.5 billion to almost $1.1 trillion. The yuan has strengthened against the greenback in the past three months. The dollar bought 6.68 yuan today, compared with 6.90 yuan back in May.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
