The KUIK Morning Market Report for Wednesday, January 25:
Market are up.
Index
Direction
Change
Units
Time
Dow
Up
122
points
20,034
7:43 AM
S&P500
Up
0.6%
percent
2,294
Nasdaq Composite
Up
0.7%
percent
5,642
30 Year Treasury
Up
1
Basis Points
3.07
Annual Yield
Mick Mulvaney, Republican congressman from South Carolina, and President Trump’s pick to head the White House budget office said yesterday that increasing the retirement age for Social Security should be considered. Mulvaney testified yesterday before the Senate Budget Committee. Bernie Sanders, independent from Vermont, and others questioned him about his past statements on Social Security and Medicare.
President Trump took steps to advance construction of the Keystone XL and Dakota Access oil pipelines. Trump stopped short of green lighting construction on either pipeline but put a deadline on the government’s review of TransCanada’s proposed Keystone XL to transport Alberta oil sands crude to U.S. refineries. He also announced policies to encourage the use of American-made products in U.S. pipeline projects and to expedite federal environmental reviews for major infrastructure projects.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
