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The KUIK Morning Market Report for Wednesday, January 24: |
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Markets are up. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
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Dow Jones Industrial Average |
Up |
175 |
points |
26,386 |
7:04 AM |
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S&P500 |
Up |
0.5% |
percent |
2,852 |
1.01 |
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Nasdaq Composite |
Up |
0.2% |
percent |
7,478 |
8.49 |
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30 Year Treasury |
Up |
4 |
Basis Points |
2.94 |
Annual Yield |
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A bipartisan immigration proposal is “totally unacceptable” to President Trump and “should be declared dead on arrival,” the White House said Tuesday, reaffirming a hard line on the issue that has become entangled with funding the government. The proposed legislation by GOP Sens. Jeff Flake of Arizona and Lindsey Graham of South Carolina, along with Democrat Dick Durbin of Illinois, was criticized by press secretary Sarah Huckabee Sanders on Tuesday. The bill doesn’t meet benchmarks set by Trump which include border-security funding and ending to the visa lottery program and family-based immigration in exchange for not deporting Dreamers. |
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The Commodity Futures Trading Commission said Monday it filed federal charges for fraud and misappropriation against two men for a scheme that ran from January 2014 through January 2018 related to the virtual currency My Big Coin. The CFTC alleges Randall Crater of East Hampton, New York, Mark Gillespie of Hartland, Michigan, and their firm My Big Coin Pay, a corporation based in Las Vegas stole more than $6 million from customers and used the money for personal expenses and the purchase of a home instead of investmen. The court ordered the defendants’ assets frozen as well as the assets of six others. |
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Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. |
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www.marketwatch.com/story/cftc-charges-two-for-6-million-my-big-coin-fraud-2018-01-24 |
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[category Market Updates] [tags audio,KUIK] |
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For today’s Morning Market Report click to listen-> |
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