| The KUIK Closing Market Report for Tuesday, April 7: | |||||||
| Markets ended down slightly. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (5) | points | 17,875 | 1:28 PM | ||
| S&P500 | Down | -0.2% | percent | 2,076 | (4.29) | ||
| Nasdaq Composite | Down | -0.1% | percent | 4,910 | (7.08) | ||
| 30 Year Treasury | Down | (4) | Basis Points | 2.53 | Annual Yield | ||
| The Federal Reserve reports consumer credit grew at a seasonally adjusted annual rate of 5.6%, for a gain of $15.5 billion in February, fastest pace since October. Nonrevolving debt, like car and student loans, grew at a 9.4% rate up from 5.8% January. Credit-card debt fell at a 5% rate in February after a 1.4% drop in January, for the biggest drop in since April 2011. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/consumer-credit-rises-56-in-february-despite-sharp-drop-in-credit-card-debt-2015-04-07 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||