The KUIK Closing Market Report for Monday, January 9:
Markets were mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(76)
points
19,887
2:31 PM
S&P500
Down
-0.4%
percent
2,269
(8.08)
Nasdaq Composite
Up
0.2%
percent
5,532
10.76
30 Year Treasury
Down
(3)
basis points
2.97
Annual Yield
Consumer credit expanded at a seasonally adjusted annual rate of 7.9%, or $24.6 billion, in November, according to the Federal Reserve. Revolving credit like credit cards jumped 13.5% while nonrevolving credit such as car and student loans rose 5.9%.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.