|
The KUIK Market Update for Tuesday, February 20: |
|||||||
|
|
|||||||
|
Markets are mixed after being closed yesterday for Presidents Day. |
|||||||
|
|
|||||||
|
Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
|
Dow Jones Industrial Average |
Down |
(200) |
points |
25,020 |
8:06 AM |
||
|
S&P500 |
Down |
-0.4% |
percent |
2,721 |
|||
|
Nasdaq Composite |
Up |
0.2% |
percent |
7,251 |
|||
|
30 Year Treasury |
Up |
2 |
Basis Points |
3.15 |
Annual Yield |
||
|
|
|||||||
|
The founder of cryptocurrency Ethereum Vitalik Buterin took to Twitter over the weekend to caution people about digital currencies, which delivered blockbuster rises in 2017, before taking a beating at the start of this year. “Reminder: Cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time. Don’t put in more money than you can afford to lose,” the Russian-Canadian programmer said in his post Saturday. He went on to say: “If you’re trying to figure out where to store your life savings, traditional assets are still your safest bet.” |
|||||||
|
Here in the US the Dow is being pulled down by Walmart off 9.8% to $94.53 for its worst daily percentage decline since October 2015, according to Factset. Fourth-quarter adjusted earnings a share were weaker than forecast. |
|||||||
|
|
|||||||
|
Sign up for a Social Security and Retirement Analysis at brcapitalinc.com/kuik. Serving the West Side first, I am Bill Roller for 1360 KUIK. |
|||||||
|
For today’s Market Update Report click to listen-> |
|
||||||