The KUIK Closing Market Report for Tuesday, February 7:
Markets ended down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
38
points
20,090
2:20 PM
S&P500
Up
0.0%
percent
2,293
0.52
Nasdaq Composite
Up
0.2%
percent
5,674
10.66
30 Year Treasury
Down
(3)
basis points
3.02
Annual Yield
The Federal Reserver reports total consumer credit increased $14.2 billion in December to a seasonally adjusted $3.76 trillion, for an annual growth rate of 4.5%, Revolving credit, mostly made up of credit card balances, slowed to a gain of $2.3 billion or an annual rate of 2.9%. This was the smallest increase since February 2016 compared with November’s 14.4% annual increase.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
