| The KUIK Closing Market Report for Friday, May 30: | |||||||
| Markets ended mixed. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 18 | points | 16,717 | 1:04 PM | ||
| S&P500 | Up | 0.2% | percent | 1,924 | 3.52 | ||
| Nasdaq Composite | Down | -0.1% | percent | 4,243 | (5.33) | ||
| 30 Year Treasury | Up | 1 | Basis Points | 3.31 | Annual Yield | ||
| Loretta Mester, the incoming president of the Cleveland Federal Reserve Bank, used her first speech today to stress the importance of mantaining low and stable inflation in the economy. Mester suggested that stable inflation was the key ingredient for a healthy economy, even more important than low unemployment. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/cleveland-feds-mester-stresses-low-inflation-need-2014-05-30-12913052 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||