The KUIK Closing Market Report for Friday, May 19:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
142
points
20,805
2:24 PM
S&P500
Up
0.7%
percent
2,382
16.01
Nasdaq Composite
Up
0.5%
percent
6,084
28.57
30 Year Treasury
Unchanged
–
basis points
2.90
Annual Yield
The Trump administration plan to overhaul how borrowers repay their federal student loans. Under the plan released today, one company will manage the process. Currently, borrowers pay their debts back to one of many servicers hired by the Department of Education through a contract. The Department used the latest step in the solicitation process for that contract to announce plans to revamp the program.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
