The KUIK Morning Market Report for Friday, January 5: |
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Markets are up. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
Dow Jones Industrial Average |
Up |
66 |
points |
25,141 |
6:52 AM |
S&P500 |
Up |
0.2% |
percent |
2,730 |
(0.02) |
Nasdaq Composite |
Up |
0.3% |
percent |
7,101 |
(8.63) |
30 Year Treasury |
Up |
1 |
Basis Points |
2.80 |
Annual Yield |
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The Labor Department reports The economy added 148,000 jobs in December. That’s down from an average gain of 232,000 in October and November, and economists expected 198,000 non-farm jobs. The unemployment rate stayed steady at 4.1%. Wages increased 2.5% annually, up slightly from the 2.4% annual rate in November. |
The Trump administration is asking Congress for nearly $18 billion to construct more than 700 miles of new and replacement barriers along the southwest border , offering its most detailed description yet of the president’s vision for a border wall with Mexico. It’s a major increasen from the 654 miles of barrier now, bringing the total to nearly 1,000 miles, about half of the entire southwest border. The plans are laid out in a document prepared by the Department of Homeland Security for senators who asked the administration provide details for its funding request. |
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Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. |
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https://www.marketwatch.com/story/us-adds-148000-jobs-in-december-2018-01-05 |
https://www.marketwatch.com/story/trump-administration-seeks-18-billion-over-a-decade-to-expand-border-wall-2018-01-05 |
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