Closing Market Report 2/27/2018

The KUIK Closing Market Report for Tuesday, February 27:

 

Markets were down.

 

Index

Direction

Change

Units

Index

Time

Change

Dow

Down

                   299

 points

        25,418

6:58 AM

S&P500

Down

-1.5%

percent

          2,744

       1.00

Nasdaq Composite

Down

-1.2%

percent

          7,530

       9.00

30 Year Treasury

Up

Basis Points

Annual Yield

According to a recent survey of 1,000 Amazon customers by LendEDU,  51.7%, answered ‘yes’ to the idea of using an Amazon-created cryptocurrency  for purchases on the website.  That went up to 58.27% for Amazon Prime.  Only 1 in 5 opposed the idea. Amazon registered three virtual currency-related domain names in NOvember 2017: amazonethereum.com, amazoncryptocurrency.com, amazoncryptocurrencies.com. However, the speculation a crypto-related move was imminent was thwarted when Amazon said it registered the domains to protect its brand name.

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.

www.marketwatch.com/story/shoppers-would-welcome-an-amazon-cryptocurrency-survey-says-2018-02-27

For today’s Closing Market Report click to listen->