The KUIK Closing Market Report for Friday, February 2:
It was a tough day on Wall Street
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(667)
points
25,521
2:25 PM
S&P500
Down
-2.1%
percent
2,762
1.38
Nasdaq Composite
Down
-2.0%
percent
7,241
9.00
30 Year Treasury
Up
9
Basis Points
3.10
Annual Yield
The Labor Department reports residential builders added more than 5,000 jobs in January.If that holds up if could signal a strong pace of hiring. 20,000 jobs were added for the year in 2017. The homebuilding industry had 2.6% more workers at the end of 2017 than the beginning of the year, down from an increase of 3.7% in 2016 and 4.4% in 2015.
if you would like a free Social Security and Retirement Analysis go to brcapitalinc.com/kuik. Serving the West Side first, I am Bill Roller for 1360 KUIK.
