The KUIK Closing Market Report for Friday, November 18:
Markets ended down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(36)
points
18,868
2:08 PM
S&P500
Down
-0.2%
percent
2,182
(5.22)
Nasdaq Composite
Down
-0.2%
percent
5,322
(12.46)
30 Year Treasury
Up
3
Basis Points
3.02
Annual Yield
President-elect Donald Trump will settle litigation surrounding the now-defunct Trump University by paying $25 million to victims. In a statement, New York Attorney General Eric Schneiderman said “every victim will receive restitution and that Donald Trump will pay up to $1 million in penalties to the State of New York for violating state education laws.” According to the Wall Street Journal, the deal settles cases in both California and New York.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.