Closing Market Report 6/16/2017

The KUIK Closing Market Report for Friday, June 16:
Markets were mixed.
Index Direction Change Units Index Time Change
Dow Up 24 points 21,384 2:44 PM
S&P500 Up 0.0% percent 2,433 0.69
Nasdaq Composite Down -0.2% percent 6,152 (13.74)
30 Year Treasury Down (1) basis points 2.78 Annual Yield
General Motors announced today it will open a supplier park near its Arlington, Texas, sport-utility factory. That mean relocating about 600 jobs from Mexico to the U.S. and a higher concentration of American-made parts in Chevrolet Suburbans and Cadillac Escalades. The move comes as the Trump administration considers changes to the North American Free Trade Agreement and Republican lawmakers weigh a border-adjusted tax. Both of those could make it more expensive for companies to import parts.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/gm-to-move-600-supplier-jobs-from-mexico-to-texas-2017-06-16
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