| The KUIK Closing Market Report for Tuesday, May 5: | |||||||
| Markets were up. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Up | (142) | points | 17,928 | 3:20 PM | ||
| S&P500 | Down | -1.2% | percent | 2,089 | (25.03) | ||
| Nasdaq Composite | Down | -1.6% | percent | 4,939 | (77.60) | ||
| 30 Year Treasury | Up | 4 | Basis Points | 2.91 | Annual Yield | ||
| Shanghai shares suffered their second largest daily fall this year, as worries about margin trading put an abrupt halt to the market’s 39% year-to-date rally, while an interest-rate cut in Australia failed to lift the market. The Shanghai Composite closed down 4% today to 4298.71, its biggest daily percentage loss since Jan. 19, when the market fell 7.7% on similar fears that Beijing was restricting use of borrowed money by retail investors to buy stocks. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/asia-shares-mixed-as-australia-awaits-rate-decision-2015-05-04-23103516 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||