The KUIK Closing Market Report for Thursday, December 21:
Markets were down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
56
points
24,782
2:44 PM
S&P500
Up
0.2%
percent
2,685
(2.22)
Nasdaq Composite
Up
0.1%
percent
6,965
(2.89)
30 Year Treasury
Down
(4)
basis points
2.83
Annual Yield
The House passed a bill todayy to fund the federal government through January 19, and sending the measure to the Senate. If approved , the bill would head off a partial shutdown this weekend. In addition to extending agency funding at current levels, it would fund the Children’s Health Insurance Program through the end of March. It also contains language preventing automatic spending cuts to programs including Medicare. Approval of that language would allow President Trump to sign the Republican tax bill before January.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
