Closing Market Report 3/8/2018

  

The KUIK Closing Market Report for Thursday, March 8:

 

Markets ended up.

 

Index

Direction

Change

Units

Index

Time

Change

Dow

Up

                    94

 points

        24,895

1:23 PM

S&P500

Up

0.5%

percent

          2,739

       1.00

Nasdaq Composite

Up

0.4%

percent

          7,428

       9.00

30 Year Treasury

Down

                     (2)

Basis Points

           3.13

Annual Yield

Marketwatch reports President Trump is moving ahead with tariffs at 25% on imported steel and 10% on aluminum to go into effect on March 23.  Canada and Mexico will be excluded for now, as the U.S. discusses its national security relationships and the North American Free Trade Agreement with both countries and they could be modified for other countries, such as Australia, which the president has called a “long-term partner.”

Serving the West Side first, I am Bill Roller of brcapitalinc.com for 1360 KUIK.

www.marketwatch.com/story/here-are-the-details-on-trumps-tariffs-on-steel-and-aluminum-2018-03-08

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