Closing Market Report 5/17/2013

 

The KUIK Closing Market Report for Friday, May 17:
 
Markets had a big up day.
 
  Direction Change Units  Last  Time Change  
Dow Up                    121 points           15,354 2:40 PM    
S&P500 Up 1.03% percent             1,667        17.00 points
Nasdaq Composite Up 0.97%               3,499        23.82 points
30 Year Treasury Up                       8 Basis Points               3.17 Annual Yield    
 
June gold ended down $22.20 to $1,364.70 per ounce on the New York Merc, the seventh consecutive session of losses, amid better-than-expected economic data and a stronger dollar. The contract was off  $71.90 on the week.
 
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
 
http://www.marketwatch.com/story/gold-futures-sink-for-seventh-session-in-a-row-2013-05-17
 
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