The KUIK Closing Market Report for Friday, August 25:
Markets ended mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
30
points
21,814
2:44 PM
S&P500
Up
0.2%
percent
2,443
4.08
Nasdaq Composite
Down
-0.1%
percent
6,266
(5.68)
30 Year Treasury
Down
(2)
basis points
2.75
Annual Yield
Neither Federal Reserve Chairman Janet Yellen nor European Central Bank President Mario Draghi offered clues about future monetary policy in their speeches at the Kansas City Federal Reserve Bank’s symposium in Jackson Hole, Wyoming., Yellen focused on banking regulations and economic improvements in the U.S., while Draghi raised concerns about protectionism. The gathering of global central bankers continues through Saturday.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
