Closing Market Report 5/22/2013

 

The KUIK Closing Market Report for Wednesday, May 22:
 
Markets had down day.
 
  Direction Change Units  Last  Time Change  
Dow Down                    (80) points           15,307 2:35 PM    
S&P500 Down -0.83% percent             1,655      
Nasdaq Composite Down -1.12% percent             3,463      
30 Year Treasury Up                       6 Basis Points               3.21 Annual Yield    
 
Stocks had a wild ride during the session, as investors digested congressional testimony by Fed Chairman Ben Bernanke and the release of the minutes from the Fed’s May 1 meeting showing that some officials were willing to taper off bond buying as soon as the next meeting in June,
 
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
 
http://www.marketwatch.com/story/us-stocks-creep-up-before-bernanke-testifies-2013-05-22?dist=afterbell
 
For today’s Closing Market Report click to listen->