The KUIK Morning Market Report for Wednesday, May 20: |
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Markets are flat. |
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Index |
Direction |
Change |
Units |
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Time |
Change |
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Dow |
Up |
5 |
points |
18,317 |
7:11 AM |
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S&P500 |
Down |
-0.1% |
percent |
2,126 |
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(1.46) |
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Nasdaq Composite |
Down |
-0.2% |
percent |
5,061 |
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(8.78) |
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30 Year Treasury |
Up |
3 |
Basis Points |
3.07 |
Annual Yield |
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The Wall Street Journal reports that criminals are stealing debit card data from U.S. automated teller machines at the highest rate in two decades, preying on ATMs while merchants crack down on fraud at the checkout counter. From January through April 9 of this year , attacks on debit cards at ATMs reached the highest level in at least 20 years, according to credit scoring firm FICO. The company tracks incidents through its card- monitoring service for financial institutions that represent more than 65% of all U.S. debit cards. Debit-card compromises at ATMs located on bank property jumped 174%, compared with the same period last year, while successful attacks at nonbank machines soared by 317%. |
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The Federal Reserve will release the minutes of April’s Federal Open Market Committee meeting at 11 a.m. Pacific Eastern time. The focus will be on how Fed officials see the recent weak growth data affecting their decision on when to hike rates. |
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Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/theft-of-debit-card-data-via-atms-soars-2015-05-20?link=MW_latest_news |
http://stream.marketwatch.com/story/markets/SS-4-4/SS-4-82997/ |
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For today’s Morning Market Report click to listen-> |
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