The KUIK Closing Market Report for Friday, November 10:
Markets were mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(40)
points
23,422
2:32 PM
S&P500
Down
-0.1%
percent
2,582
(0.49)
Nasdaq Composite
Up
0.9%
percent
6,751
30 Year Treasury
Up
7
basis points
2.88
Annual Yield
Traders followed PresidentTrump’s visit to Asia, where he delivered a strong message on trade, defending economic nationalism and saying the U.S. won’t enter into multilateral deals that “tie our hands.” Speaking at the Asia-Pacific Economic Cooperation summit in Vietnam, the president declared he won’t “let the United States be taken advantage of anymore” when it comes to trade, seemingly delivering a rebuke to China.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
