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-> |