The KUIK Closing Market Report for Friday, January 19:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
54
points
26,072
2:00 PM
S&P500
Up
0.4%
percent
2,810
Nasdaq Composite
Up
0.6%
percent
7,336
(2.23)
30 Year Treasury
Up
2
Basis Points
2.91
Annual Yield
The federal government may shutdown at 9:01 pm Pacific time tonight as lawmakers stay divided over immigration and and a short-term funding measure. For the first time since 2013, federal employees could be furloughed. Mick Mulvaney, director of the Office of Management and Budget, said national parks would remain open but trash would not be picked up. Also open will be the military, Postal Service, and Transportation Security Administration. He said “It will look very different than under the previous administration,” at a White House briefing. “The Obama administration weaponized the shutdown in 2013.”
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
