| The KUIK Closing Market Report for Friday, May 3: | |||||||
| Markets had a big up day. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 142 | points | 14,974 | 2:36 PM | ||
| S&P500 | Up | 1.05% | percent | 1,614 | 16.83 | points | |
| Nasdaq Composite | Up | 1.14% | percent | 3,379 | 38.01 | points | |
| 30 Year Treasury | Up | 14 | Basis Points | 2.97 | Annual Yield | ||
| Recent low inflation data seem “transitory,” said Jeffrey Lacker, the president of the Richmond Federal Reserve Bank. Lacker said the recent inflation readings, near 1% over the past year, are likely to “edge back toward” 2% by next year. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/feds-lacker-recent-low-inflation-wont-last-2013-05-03 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||