Closing Market Report 2/16/2018

February 16, 2018

The KUIK Closing Market Report for Friday, February 16:
  
Markets ended flat.
  
Index Direction Change Units Index Time Change
Dow Up                     19  points          25,219 2:08 PM
S&P500 Up 0.0% percent           2,732        1.00
Nasdaq Composite Down -0.2% percent           7,239        9.00
30 Year Treasury Down                      (1) Basis Points            3.14 Annual Yield
The Commerce Department has recommended a 24% tariff on steel imports from all countries, and a 7.7% tariff on aluminum imports. President Trump is required to make decisions on the recommendations in April. The Commerce Department said the imports threaten domestic production and national security. Markets are closed on Monday in honor of Presidents Day.
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www.marketwatch.com/story/commerce-department-recommends-24-tariff-on-steel-imports-as-it-lays-out-options-for-trump-2018-02-16
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