The KUIK Closing Market Report for Monday, November 27:
Markets were mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
23
points
23,581
1:43 PM
S&P500
Down
0.0%
percent
2,601
(1.00)
Nasdaq Composite
Down
-0.2%
percent
6,879
(10.64)
30 Year Treasury
Unchanged
–
basis points
2.76
Annual Yield
The fight for control of the Consumer Financial Protection Bureau is underway, with President Trump’s nominee Mick Mulvaney meeting staff at the agency and Obama holdover Leandra English saying she is in charge. Mulvaney was named acting director of the CFPB by the White House, while English was named acting director by outgoing director Richard Cordray. Both say they have the legal right to the position before President Trump nominates and the Senate confirms a replacement for Cordray.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
