| The KUIK Closing Market Report for Wednesday, August 5: | |||||||
| Markets were mixed. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (10) | points | 17,540 | 2:14 PM | ||
| S&P500 | Up | 0.3% | percent | 2,100 | 6.52 | ||
| Nasdaq Composite | Up | 0.7% | percent | 5,140 | 34.40 | ||
| 30 Year Treasury | Up | 5 | Basis Points | 2.94 | Annual Yield | ||
| Bloomberg reports the chances of an interest-rate increase in September month reached 52% today, up from 38% two ago according to the Fed Funds futures. The increase came from hawkish comments from Atlanta Fed President Dennis Lockhart yesterday, and a surprisingly strong report on U.S. service-sector growth this morning. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/articles/2015-08-05/wall-street-says-yellen-poised-to-end-long-run-of-zero-rates | |||||||
| For today’s Closing Market Report click to listen-> | |||||||