Closing Market Report 5/28/2013

 

The KUIK Closing Market Report for Tuesday, May 28:
 
Markets had a big up day.
 
  Direction Change Units  Last  Time Change  
Dow Up                    106 points           15,409 2:02 PM    
S&P500 Up 0.63% percent             1,660      
Nasdaq Composite Up 0.86% percent             3,489      
30 Year Treasury Up                     12 Basis Points               3.29 Annual Yield    
 
Treasurys fell today as bond investors priced in the possibility that an improving economy, helped by strong housing and consumer-confidence data, could push the Federal Reserve to begin winding down its bond purchases. Yield on the 10-year note closed 16 basis points higher at 2.17%, as it hit its highest level since April 5, 2012.
 
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
 
http://stream.marketwatch.com/story/markets/SS-4-4/SS-4-31020/
 
For today’s Closing Market Report click to listen->