The KUIK Closing Market Report for Wednesday, January 25:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
156
points
20,069
2:40 PM
S&P500
Up
0.8%
percent
2,298
18.30
Nasdaq Composite
Up
1.0%
percent
5,656
55.38
30 Year Treasury
Up
5
basis points
3.11
Annual Yield
Corporate earnings bolstered the bullish sentiment toward stocks. Boeing was the latest company to post results that topped expectations. The Dow is up 1.7 percent since President Trump’s inauguration as he took steps to fulfill his pro-growth campaign promises. That includes identifying infrastructure projects, approving two oil pipelines, and encouraging American carmakers to build plants in the U.S.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.