Closing Market Report 12/23/2016

The KUIK Closing Market Report for Friday, December 23:
 
Markets were down.
 
Index Direction Change Units Index Time Change  
Dow Down                     15 points         19,934 10:15 AM    
S&P500 Up 0.1% percent           2,264          2.83  
Nasdaq Composite Up 0.3% percent           5,463        15.27  
30 Year Treasury Down                      (1) Basis Points            3.12 Annual Yield    
 
Artificial intelligence is coming, and policymakers need to prepare the economy for it, the White House said in a report released Wednesday. The report, “Artificial Intelligence, Automation, and the Economy,” suggests the U.S. should invest in and develop AI, because it has “many benefits,” educate and train Americans for the jobs of the future, and aid workers in the transition and empower them to share in future growth. But the authors acknowledge that there are countless unknowns, from what the effects could be, to how quickly they’ll arrive.
 
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
 
 
 
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