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/ | |||||||
For today’s Closing Market Report click to listen-> |