| The KUIK Closing Market Report for Thursday, July 30: | |||||||
| Markets were flat. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (5) | points | 17,746 | 2:21 PM | ||
| S&P500 | Unchanged | 0.0% | percent | 2,109 | 0.06 | ||
| Nasdaq Composite | Up | 0.3% | percent | 5,129 | 17.05 | ||
| 30 Year Treasury | Down | (4) | Basis Points | 2.95 | Annual Yield | ||
| Gross domestic product rose at a 2.3% annual rate in the second quarter, according to the Commerce Department. And it grew 0.6% annually in the first quarter instead of contracting 0.2%. The Fed will be primed to raise rates if next week’s employment report for July is strong. Earlier this week it said the labor market and overall economy showed marked improvement after the first-quarter hiccup. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-gdp-report-puts-fed-on-track-for-september-rate-hike-2015-07-30?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | |||||||