The KUIK Closing Market Report for Thursday, May 18:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
56
points
20,663
2:37 PM
S&P500
Up
0.4%
percent
2,366
8.69
Nasdaq Composite
Up
0.7%
percent
6,055
43.89
30 Year Treasury
Unchanged
–
basis points
2.90
Annual Yield
The Trump administration informed lawmakers that it intends to launch formal negotiations for overhauling the North American Free Trade Agreement, a gamble by President Donald Trump that he can win concessions from Canada and Mexico and push a deal through Congress. In a letter to congressional leaders, U.S. trade representative Robert Lighthizer said the administration will start talks in as soon as 90 days, in line with congressional rules on negotiating trade deals subject to expedited consideration by lawmakers.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.