The KUIK Closing Market Report for Friday, May 2: |
Markets ended down. |
Direction |
Change |
Units |
Last |
Time |
Change |
Dow |
Down |
(46) |
points |
16,513 |
1:22 PM |
S&P500 |
Down |
-0.1% |
percent |
1,881 |
(2.54) |
Nasdaq Composite |
Down |
-0.1% |
percent |
4,124 |
(3.55) |
30 Year Treasury |
Down |
(4) |
Basis Points |
3.37 |
Annual Yield |
The U.S. economy added 288,000 jobs in April, while the unemployment rate fell to 6.3% from 6.7%. However, the labor participation rate fell to a 35-year low and wage growth was flat, suggesting there is still slack in the labor market. |
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/stocks-close-lower-trim-weekly-gains-2014-05-02?dist=markets |
For today’s Closing Market Report click to listen-> |
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