Closing Market Report 2/23/2017

The KUIK Closing Market Report for Thursday, February 23:
 
Markets ended mixed.
 
Index Direction Change Units Index Time Change  
Dow Up                     35 points         20,810 2:15 PM    
S&P500 Up 0.0% percent           2,364          0.99  
Nasdaq Composite Down -0.4% percent           5,836       (25.12)  
30 Year Treasury Down                      (2) basis points            3.02 Annual Yield    
 
File this under “News That’s Up in Smoke.” White House press secretary Sean Spicer told reporters that under President Trump and Attorney General Jeff Sessions, the U.S. Department of Justice will do more to enforce federal marijuana laws. Some in the industry have expressed hope the administration would honor popular support on the issue. A poll released by Quinnipiac University shows 71% of Americans oppose efforts to enforce federal marijuana laws in states where it’s legal and 59% support outright legalization.
 
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
 
http://www.marketwatch.com/story/expect-greater-enforcement-of-marijuana-laws-under-trump-spicer-says-2017-02-23
 
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