The KUIK Closing Market Report for Monday, January 6: |
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Markets finished down. |
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|
Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Down |
(45) |
points |
16,470 |
1:39 PM |
|
|
S&P500 |
Down |
-0.25% |
percent |
1,827 |
|
(4.60) |
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Nasdaq Composite |
Down |
-0.44% |
percent |
4,114 |
|
(18.23) |
|
30 Year Treasury |
Down |
(3) |
Basis Points |
3.90 |
Annual Yield |
|
|
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Stocks fell after the Institute for Supply Management reported its services index for December dropped to 53% from 53.9% in November. Economists expected 55.0%. The big worry was the new-orders index fell 7 points to a reading of 49.4%, the first contraction since July 2009. |
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Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/ism-services-index-lags-as-new-orders-fall-2014-01-06 |
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For today’s Closing Market Report click to listen-> |
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