| The KUIK Closing Market Report for Thursday, April 3: | |||||||
| Markets were mixed. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Unchanged | – | points | 16,573 | 2:22 PM | ||
| S&P500 | Down | -0.11% | percent | 1,889 | (2.13) | ||
| Nasdaq Composite | Down | -0.91% | percent | 4,238 | (38.72) | ||
| 30 Year Treasury | Down | (2) | Basis Points | 3.63 | Annual Yield | ||
| The House of Representatives voted 248-179 today to pass a bill that would rewrite the health care law to redefine a full-time job as 40 hours per week, reversing the 30 hours per week definition prescribed by Obamacare. The concern is that current rules give employers an incentive to cut workers’ hours. The bill is given little chance of passing the Senate, and President Obama has pledged to veto it if it reaches his desk. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://blogs.marketwatch.com/capitolreport/2014/04/03/house-passes-bill-to-change-definition-of-full-time-job/ | |||||||
| For today’s Closing Market Report click to listen-> | |||||||