The KUIK Closing Market Report for Monday, October 16:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
85
points
22,957
8:27 PM
S&P500
Up
0.2%
percent
2,558
4.47
Nasdaq Composite
Up
0.3%
percent
6,624
18.20
30 Year Treasury
Up
1
basis points
2.82
Annual Yield
President Trump is due to meet with Federal Reserve Chairman Janet Yellen about serving a second term running the central bank, accoriding to Politico. Trump has previously said he was considering Yellen for the post. Other finalists include Fed Gov Jerome Powell, former Fed Gov. Kevin Warsh, Stanford economist John Taylor and National Economic Council Director Gary Cohn.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
