The KUIK Closing Market Report for Friday, April 17: | |||||||
Markets had a big down day. | |||||||
Index | Direction | Change | Units | Index | Time | Change | |
Dow | Down | (280) | points | 17,826 | 1:21 PM | ||
S&P500 | Down | -1.1% | percent | 2,081 | (23.81) | ||
Nasdaq Composite | Down | -1.5% | percent | 4,932 | (75.98) | ||
30 Year Treasury | Down | (6) | Basis Points | 2.50 | Annual Yield | ||
President Obama today called on the new Greek government to enact structural reforms in order to win flexibility over its budget. During a press conference with Italian Prime Minister Matteo Renzi, Obama praised Italy’s economic reforms, saying they were a model for Greece. Obama said that Greece needs to improve its tax collection, reduce its bureaucracy, and enact more flexible labor practices. He didn’t say when he would advocate those same reforms for the US. | |||||||
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
http://www.marketwatch.com/story/obama-urges-greece-to-enact-economic-reforms-2015-04-17 | |||||||
For today’s Closing Market Report click to listen-> |
April 17, 2015