The KUIK Closing Market Report for Thursday, October 12:
Markets were down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(32)
points
22,841
2:34 PM
S&P500
Down
-0.2%
percent
2,551
(4.31)
Nasdaq Composite
Down
-0.2%
percent
6,592
(12.04)
30 Year Treasury
Down
(3)
basis points
2.85
Annual Yield
President Trump signed an executive order today that directs agencies to consider expanding coverage in low-cost plans not subject to Obamacare rules. In remarks at the White House, Trump said he was taking a step toward “saving the American people from the nightmare of Obamacare.” He continued to urge Congress to repeal the law, something Republicans haven’t been able to do despite holding majorities in both the House and Senate.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.