The KUIK Closing Market Report for Thursday, January 11:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
206
points
25,575
1:26 PM
S&P500
Up
0.7%
percent
2,768
Nasdaq Composite
Up
0.8%
percent
7,212
30 Year Treasury
Down
(3)
Basis Points
2.87
Annual Yield
The Trump administration issued guidelines today that allow states to impose the work requirements on Medicaid beneficiaries, one of the biggest changes in the program’s 50-year history. The guidelines issued by the Centers for Medicare and Medicaid Services, for states that decide to change the program from a guaranteed benefit based on income to a program that can deny aid to adults if certain conditions aren’t met. States can determine what can qualify as work under the requirements, such as education or community service.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
