Closing Market Report 3/14/2018

The KUIK Closing Market Report for Wednesday, March 14:

Markets were down.

Index

Direction

Change

Units

Index

Time

Change

Dow

Down

                  (249)

points

        24,758

S&P500

Down

-0.6%

percent

          2,749

Nasdaq Composite

Down

-0.2%

percent

          7,497

30 Year Treasury

Down

                     (4)

Basis Points

           3.06

Annual Yield

Nine of the 11 primary S&P 500 sectors were down with both the materials and industrial sectors were among the biggest losers, because they have the most exposure to trade issues. President  Trump announced that the his administration will look to trim the U.S.’s trade deficit with China by $100 billion using tariffs.Boeing was a notable Dow decliner, falling 2.6%. A report by the New York Times suggested that Boeing is a prime target for Chinese retaliation in the event of a trade war.

Serving the West Side first, I am Bill Roller of brcapitalinc.com for 1360 KUIK.

www.marketwatch.com/story/us-stocks-shape-up-to-rebound-as-focus-turns-to-retail-sales-2018-03-14?dist=markets

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