The KUIK Closing Market Report for Monday, January 30:
Markets were down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(123)
points
19,971
1:44 PM
S&P500
Down
-0.6%
percent
2,281
(13.79)
Nasdaq Composite
Down
-0.8%
percent
5,614
(47.07)
30 Year Treasury
Up
2
basis points
3.08
Annual Yield
President Trump today signed an executive order meant to cut the number of federal regulations, delivering on another campaign promise. The order will require two regulations to be eliminated for every new one created and caps the cost of new regulations for the remainder of the fiscal year and creates a budget process for new regulations in the 2018 fiscal year, which begins in October. This budget will be separate from the congressional appropriation process and will be set by the White House.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
