| The KUIK Market Update for Wednesday, January 25: | |||||||
| Market are up. | |||||||
| Index | Direction | Change | Units | Time | |||
| Dow | Up | 163 | points | 20,075 | 8:10 AM | ||
| S&P500 | Up | 0.7% | percent | 2,296 | |||
| Nasdaq Composite | Up | 0.9% | percent | 5,650 | |||
| 30 Year Treasury | Up | 2 | Basis Points | 3.08 | 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. | |||||||
| President Donald Trump tweeted this morning he will ask for a “major investigation” into voter fraud. His tweet, came a day after White House Sean Spicer said Trump believes millions of votes were cast illegally in the lst presidential election. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/budget-nominee-says-increasing-social-security-retirement-age-should-be-considered-2017-01-24 | |||||||
| https://www.bloomberg.com/politics/articles/2017-01-24/trump-said-to-plan-orders-approving-keystone-dakota-pipelines | |||||||
| http://www.marketwatch.com/story/trump-says-hell-ask-for-major-investigation-into-voter-fraud-2017-01-25 | |||||||
| For today’s Market Update Report click to listen-> | Audio Player | ||||||