| The KUIK Closing Market Report for Thursday, March 19: | |||||||
| Markets were mixed. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (128) | points | 17,849 | 2:27 PM | ||
| S&P500 | Down | -0.5% | percent | 2,089 | (10.23) | ||
| Nasdaq Composite | Up | 0.2% | percent | 4,992 | 9.55 | ||
| 30 Year Treasury | Unchanged | – | Basis Points | 2.54 | Annual Yield | ||
| Nike reported earnings after the close. For the three months ended February 28, Nike’s sales reached $7.46 billion, below estimates for a 9% rise to $7.62 billion by analysts polled by Thomson Reuters. However, without the effect of the stronger doller, sales improved 13%. Nike reported profit of $791 million, or 89 cents a share, up from $682 million, or 75 cents a share, a year earlier. Analysts expected 84 cents. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/nike-sales-nicked-by-stronger-dollar-2015-03-19-164853817?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | |||||||