The KUIK Closing Market Report for Friday, July 21:
Markets were mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(32)
points
21,580
1:20 PM
S&P500
Down
0.0%
percent
2,473
(0.91)
Nasdaq Composite
Down
0.0%
percent
6,388
(2.25)
30 Year Treasury
Down
(4)
basis points
2.80
Annual Yield
President Trump signed an executive order today directing a review of the U.S. defense-industrial base. The goal, according to Peter Navarro, director of the White House Office of Trade and Manufacturing Policy, is to "assess where we source things and what risk that may entail." Some items like flat-screen displays and military grade semiconductors are difficult or impossible to source domestically, making the military supply chain vulnerable.The report is due within 270 days.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
