The KUIK Closing Market Report for Friday, November 17:
Markets were down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(100)
points
23,358
1:49 PM
S&P500
Down
-0.3%
percent
2,579
(0.49)
Nasdaq Composite
Down
-0.2%
percent
6,783
30 Year Treasury
Down
(1)
basis points
2.79
Annual Yield
Tesla shares and bonds rose. Yesterday it unveiled its promised electric commercial truck and showed off a new version of the Roadster. The star of Tesla’s show was a big-rig with a 500-mile range, some autonomous driving capabilities, and a relatively short recharging time. The truck is on tap for production in 2019. Trucking company J.B. Hunt said earlier today it placed orders to buy several Tesla Semis and Wal-Mart confirmed it has pre-ordered 15 trucks, five for its U.S. fleet and 10 for Canada.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
