| The KUIK Closing Market Report for Thursday, August 7: | |||||||
| Markets were down. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (75) | points | 16,368 | 12:29 PM | ||
| S&P500 | Down | -0.7% | percent | 1,906 | (13.94) | ||
| Nasdaq Composite | Down | -0.7% | percent | 4,326 | (29.38) | ||
| 30 Year Treasury | Down | (4) | Basis Points | 3.23 | Annual Yield | ||
| The Federal Reserve reports consumer credit grew by a seasonally adjusted $17.3 billion in June, down only slightly from May’s $19.6 billion. Monthly debt rose at 6.4% annually in June, compared with 7.4% rate in May. Non-revolving debt, especially student loans, led the increase, rising $16.3 billion or 8.4%. Credit-card debt rose only slightly up only 1.3%. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-consumer-credit-jumps-173-billion-in-june-2014-08-07 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||