The KUIK Closing Market Report for Monday, August 21:
Markets were mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
29
points
21,704
2:40 PM
S&P500
Up
0.1%
percent
2,428
2.82
Nasdaq Composite
Down
-0.1%
percent
6,213
(3.40)
30 Year Treasury
Down
(2)
basis points
2.76
Annual Yield
Senate Majority Leader Mitch McConnell said Monday there’s "zero chance" that the debt ceiling won’t be raised. Speaking at an event in Kentucky with Treasury Secretary Steven Mnuchin, the Kentucky Republican said "America’s not going to default." Mnuchin has said the Treasury can keep paying bills through September.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
