| The KUIK Closing Market Report for Tuesday, September 1: | |||||||
| Markets had a big down day. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (470) | points | 16,058 | 1:15 PM | ||
| S&P500 | Down | -3.0% | percent | 1,914 | (58.33) | ||
| Nasdaq Composite | Down | -2.9% | percent | 4,636 | (140.40) | ||
| 30 Year Treasury | Unchanged | – | Basis Points | 2.93 | Annual Yield | ||
| Sales of new autos in the U.S. jumped in August to the highest level since 2005, propelled by stronger demand for trucks. Auto sales rose to an annual rate of 17.81 million last month, according to Motor Intelligence. Truck sales rose at 10.1 million rate, also the highest in 10 years.The auto industry has been helped by low interest rates, falling gas prices, and an improved U.S. economy, encouraging buyers to swap aging vehicles for new ones. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-auto-sales-surge-in-august-to-highest-level-since-2005-2015-09-01 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||