Closing Market Report 5/20/2013

 

The KUIK Closing Market Report for Monday, May 20:
 
Markets had a big up day.
 
  Direction Change Units  Last  Time Change  
Dow Down                    (19) points           15,335 2:18 PM    
S&P500 Down -0.07% percent             1,666         (1.18) points
Nasdaq Composite Down -0.08% percent             3,496        33.72 points
30 Year Treasury Up                       1 Basis Points               3.17 Annual Yield    
 
Stocks erased gains from earlier in the session after Fed Bank of Chicago President Charles Evans said the U.S. economy has improved “quite a lot” as the central bank maintains record stimulus, implying that interest rates may be rising.
 
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
 
http://blogs.marketwatch.com/thetell/2013/05/20/spotlight-on-the-economy-bullard-dudley-get-their-licks-in-before-bernanke/
 
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