The KUIK Closing Market Report for Thursday, September 14:
Markets were mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
45
points
22,203
2:13 PM
S&P500
Down
-0.1%
percent
2,496
(2.75)
Nasdaq Composite
Down
-0.5%
percent
6,429
(31.10)
30 Year Treasury
Down
(2)
basis points
2.78
Annual Yield
In remarks to reporters on Air Force One President Trump said today that he likes and respects Fed Chairman Janet Yellen but he hasn’t made a decision on whether to reappoint her to another four-year term. Yellen’s current term as Fed chief ends in February 2018. With the retirement of Fed Vice Chair Stanley Fischer, Trump could swiftly fill five of the seven seats on the Fed’s board of governors.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
