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The KUIK Closing Market Report for Wednesday, January 24: |
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Markets were mixed. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
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Dow |
Up |
41 |
points |
26,252 |
1:15 PM |
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S&P500 |
Down |
-0.1% |
percent |
2,838 |
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Nasdaq Composite |
Down |
-0.6% |
percent |
7,415 |
(2.23) |
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30 Year Treasury |
Up |
4 |
Basis Points |
2.94 |
Annual Yield |
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Treasury Secretary Steven Mnuchin said a weaker dollar could be good for trade, echoing previous comments by President Trump that a strong dollar could hurt growth. A weaker dollar has put bonds under pressure as foreign investors of U.S. government paper, may stay on the sidelines to avoid the hit of currency depreciation. |
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Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. |
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[category Market Updates] [tags audio,KUIK] |
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For today’s Closing Market Report click to listen-> |
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