The KUIK Morning Market Report for Tuesday, October 10:
Markets are up.
Index
Direction
Change
Units
Index
Time
Change
Dow Jones Industrial Average
Up
46
points
22,807
7:25 AM
S&P500
Up
0.1%
percent
2,547
2.74
Nasdaq Composite
Down
0.0%
percent
6,579
(0.50)
30 Year Treasury
Down
(3)
Basis Points
2.86
Annual Yield
National Federation of Independent Business’s sentiment index for September fell to 103 from August’s 105.3. Analysts expected 105.4. The index rose after November’s election on hopes of more business-friendly policies from Washington, including a rollback of the Affordable Care Act. But as policy makers got bogged down in gridlock the index has fallen. Six of the 10 components fell, three increased, and one was unchanged.
The Trump administration tofsy will formally withdraw federal limits on carbon emissions at power plants, triggering the next stage of what is likely to be a yearslong fight over the Obama administrationās central regulation for slowing climate change. Environmental Protection Agency Administrator Scott Pruitt made the announcement yesterday at an event in Kentucky, telling a group gathered by Senate Majority Leader Mitch McConnell that the administration is trying to reverse what it sees as an attack on the coal business.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
