Closing Market Report 1/11/2018

The KUIK Closing Market Report for Thursday, January 11:
Markets were up.
Index Direction Change Units Index Time Change
Dow Up 206 points 25,575 1:26 PM
S&P500 Up 0.7% percent 2,768
Nasdaq Composite Up 0.8% percent 7,212
30 Year Treasury Down (3) Basis Points 2.87 Annual Yield
The Trump administration issued guidelines today that allow states to impose the work requirements on Medicaid beneficiaries, one of the biggest changes in the program’s 50-year history. The guidelines issued by the Centers for Medicare and Medicaid Services, for states that decide to change the program from a guaranteed benefit based on income to a program that can deny aid to adults if certain conditions aren’t met. States can determine what can qualify as work under the requirements, such as education or community service.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
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