The KUIK Morning Market Report for Wednesday, September 6:
Markets are up.
Index
Direction
Change
Units
Index
Time
Change
Dow Jones Industrial Average
Up
61
points
21,844
7:01 AM
S&P500
Up
0.3%
percent
2,465
7.49
Nasdaq Composite
Up
0.3%
percent
6,392
16.21
30 Year Treasury
Unchanged
–
Basis Points
2.69
Annual Yield
U.S. political divisions reach beyond Washington policy to economics, culture, geography and education. But that polarization predates the rise of President Trump, according to a Wall Street Journal/NBC News survey. Democrats are twice as likely to say they never go to church as are Republicans, and they are eight times as likely to favor action on climate change. One-third of Republicans say they support the National Rifle Association, while just 4% of Democrats do. More than three-quarters of Democrats, but less than one-third of Republicans, said they felt comfortable with societal changes that have made the U.S. more diverse.
Politico reports the Senate plans to amend a Hurricane Harvey relief bill with a debt-limit increase that will last through the end of 2018 because lawmakers would rather not have to vote to lift the debt limit more than once this Congress, and lifting the limit for that long gets beyond the November 2018 midterm congressional elections. Under the emerging plan for Harvey and the debt limit, the House plans to vote today on a $7.9 billion disaster aid package to help Texas and Louisiana rebuild.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
