Closing Market Report 6/4/2015

The KUIK Closing Market Report for Thursday, June 4:
Markets were down.
Index Direction Change Units Index Time Change
Dow Down                   (171) points           17,906 2:47 PM
S&P500 Down -0.86% percent             2,096     (18.23)
Nasdaq Composite Down -0.79% percent             5,059     (40.11)
30 Year Treasury Down                      (8) Basis Points               3.03 Annual Yield
The U.S. economy has lost momentum and a bounce back in not certain, said Federal Reserve Governor Daniel Tarullo, according to The Wall Street Journal, suggesting he would not support an immediate rate hike. “There are more questions at this point in 2015 than there were at this point in 2014,” Tarullo said at a banking conference in New York. Tarullo is the second Fed governor this week to question the health of the economy.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/feds-tarullo-has-doubts-about-second-quarter-bounceback-2015-06-04
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