Closing Market Report 6/2/2014

The KUIK Closing Market Report for Monday, June 2:
Markets ended mixed.
Direction Change Units  Last Time Change
Dow Up                     26 points           16,744 1:42 PM
S&P500 Up 0.1% percent             1,925        1.40
Nasdaq Composite Down -0.1% percent             4,237       (5.42)
30 Year Treasury Up                       6 Basis Points               3.38 Annual Yield
Outlays for construction projects rose 0.2% in April to a seasonally adjusted annual rate of $953.5 billion, accorind to the Commerce Department. Economists expected a 0.8% increase. For private projects spending rose 0.1% on residential construction, and fell 0.1% on nonresidential. For public projects, spending fell 6% for residential construction and rose 1% for nonresidential.
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
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