Closing Market Report 2/2/2017

February 2, 2017
The KUIK Closing Market Report for Thursday, February 2:
 
Markets ended mixed.
 
Index Direction Change Units Index Time Change  
Dow Down                      (6) points         19,885 1:34 PM    
S&P500 Up 0.1% percent           2,281          1.30  
Nasdaq Composite Down -0.1% percent           5,636         (6.45)  
30 Year Treasury Unchanged                      –   basis points            3.08 Annual Yield    
 
The Institute for Supply Management said its manufacturing index climbed to 56 in January from a revised 54.5% in December, for the fifth straight gain. It’s the highest level since the end of 2014 and beat the 55.3% expected by economists. Both New orders and employment hit their highest levels in two years.
 
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
 
http://www.marketwatch.com/story/us-manufacturers-see-strongest-growth-in-two-years-ism-finds-2017-02-01
 
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