The KUIK Closing Market Report for Wednesday, June 3: |
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Markets were up. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Up |
64 |
points |
18,076 |
1:54 PM |
|
|
S&P500 |
Up |
0.21% |
percent |
2,114 |
|
4.47 |
|
Nasdaq Composite |
Up |
0.45% |
percent |
5,099 |
|
22.71 |
|
30 Year Treasury |
Up |
9 |
Basis Points |
3.11 |
Annual Yield |
|
|
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Services activity grew at a slower rate in May, according to the Institute for Supply Management. The ISM services index fell to 55.7% down from 57.8% in April, coming in below the 57% forecast by economists. But that’s still above the 50% mark indicating improving conditions. Ahead of Friday’s Labor Department jobs report, the employment index decreased 1.4 percentage points to 55.3%. |
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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/ism-services-index-comes-in-below-forecast-for-may-at-557-2015-06-03 |
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For today’s Closing Market Report click to listen-> |
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