Closing Market Report 3/21/2018

The KUIK Closing Market Report for Wednesday, March 21:

 

Markets were down.

 

Index

Direction

Change

Units

Index

Time

Change

Dow

Down

                   (45)

points

        24,682

S&P500

Down

-0.2%

percent

          2,712

Nasdaq Composite

Down

-0.3%

percent

          7,345

30 Year Treasury

Up

                      2

Basis Points

           3.13

Annual Yield

Investors Business Daily reports China will open its big electronic payments market to foreign firms, which would pit newcomers agains established players like TenCent’s WeChat Pay and Alibaba-back Ant Financial’s Aipay.  Companies that apply for payments icenses will need to store date inside China, establish a commercial presence, and provide payment facilities and disaster recovery systems.

Serving the West Side first, I am Bill Roller of brcapitalinc.com for 1360 KUIK.

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