The KUIK Closing Market Report for Wednesday, September 13:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
39
points
22,158
2:36 PM
S&P500
Up
0.1%
percent
2,498
1.89
Nasdaq Composite
Up
0.1%
percent
6,460
5.91
30 Year Treasury
Up
2
basis points
2.80
Annual Yield
The Treasury Department reports the federal government ran a budget deficit of $108 billion in August, slightly more than in August 2016. But so far for the 2017 fiscal year which runs October through September, the deficit is $674 billion, up 9% from the year-ago period. Spending is up 3% compared to a year ago, and receipts are up 2%. If not for timing-related issues including one less Friday in fiscal 2017, the year-to-date shortfall would have been higher, at $705 billion.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
