The KUIK Closing Market Report for Monday, September 11:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
260
points
22,057
2:34 PM
S&P500
Up
1.1%
percent
2,488
26.68
Nasdaq Composite
Up
1.1%
percent
6,432
72.07
30 Year Treasury
Up
6
basis points
2.74
Annual Yield
Financials were the biggest gainers, up 1.7%. Insurance companies led that sector’s gains, boosted by the lighter-than-expected damage from Irma. Travelers Companies climbed 2.3% and was one of the biggest boosts to the Dow, while Progressive was up 2.2%. Shares of Equifax dropped again on news that the company suffered a cyberattack in which hackers stole sensitive information on 143 million Americans. The stock declined 8.2%, adding to a 13% plunge on Friday.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
