The KUIK Closing Market Report for Monday, January 22:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
143
points
26,215
2:11 PM
S&P500
Up
0.8%
percent
2,833
Nasdaq Composite
Up
1.0%
percent
7,408
(2.23)
30 Year Treasury
Up
2
Basis Points
2.93
Annual Yield
The Senate today approved a procedural vote that sets the stage to fund the government through February 8. 81 senators broke the filibuster that shut it down with Democrats joining Republicans to fund the government in exchange for a promise from Republican leaders to address the fate of young, undocumented immigrants known as Dreamers. The bill also funds the Children’s Health Insurance Program for six years and delays or suspends a handful of tax increases that were to help pay for insurance coverage under Obamacare The next step will be for Senate to pass the actual bill to finance the government and send it to the House.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.