The KUIK Closing Market Report for Friday, March 31:
Markets were down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(65)
points
20,663
1:15 PM
S&P500
Down
-0.2%
percent
2,363
(5.34)
Nasdaq Composite
Down
0.0%
percent
5,912
(2.61)
30 Year Treasury
Down
(1)
Basis Points
3.02
Annual Yield
The University of Michigan’s index of consumer sentiment was revised to 96.9 in March from a preliminary 97.6. It hit 96.3 in February. January was the high since 2004, largely because of confidence among Republicans and independents. Democrats though expect the economy to worsen. The partisan divide widened after the election of Donald Trump and other surveys have found the same difference in outlooks.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.