The KUIK Closing Market Report for Thursday, August 10:
Markets were down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(205)
points
21,844
1:48 PM
S&P500
Down
-1.5%
percent
2,438
(35.81)
Nasdaq Composite
Down
-2.1%
percent
6,217
(135.46)
30 Year Treasury
Down
(3)
basis points
2.79
Annual Yield
All three stock indexes finished in the red on the same day for a third straight session, for the first streak since April 13, according to the Wall Street Journal. Geopolitical tension ruled after a North Korean army commander said, “sound dialogue” isn’t possible with President Trump and “only absolute force can work on him,” according to state media. North Korea also detailed plans of how it would launch a missile strike on U.S. military bases in Guam.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.