The KUIK Closing Market Report for Wednesday, March 21: |
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Markets were down. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Down |
(45) |
points |
24,682 |
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S&P500 |
Down |
-0.2% |
percent |
2,712 |
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Nasdaq Composite |
Down |
-0.3% |
percent |
7,345 |
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30 Year Treasury |
Up |
2 |
Basis Points |
3.13 |
Annual Yield |
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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. |
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Serving the West Side first, I am Bill Roller of brcapitalinc.com for 1360 KUIK. |
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For today’s Closing Market Report click to listen-> |