| The KUIK Closing Market Report for Tuesday, May 13: | |||||||
| Markets finished mixed. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 20 | points | 16,715 | 1:37 PM | ||
| S&P500 | Up | 0.0% | percent | 1,897 | 18.17 | ||
| Nasdaq Composite | Up | -0.3% | percent | 4,130 | 71.99 | ||
| 30 Year Treasury | Up | (4) | Basis Points | 3.45 | Annual Yield | ||
| Treasury prices jumped, sending yields lower after a report on US retail sales missed Wall Street expectations, restraining the outlook on one of the key drivers of economic gowth. Retail sales climed a mere 0.1% in April, following an upwardly revised 1.5% growth in March, according to data from the Commerce Department. Economists expected a 0.4% increase. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/treasurys-jump-on-soft-retail-sales-data-2014-05-13?dist=markets | |||||||
| For today’s Closing Market Report click to listen-> | |||||||