| The KUIK Closing Market Report for Wednesday, November 4: | |||||||
| Markets were down. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (51) | points | 17,868 | 1:42 PM | ||
| S&P500 | Down | -0.4% | percent | 2,102 | (7.48) | ||
| Nasdaq Composite | Down | -0.1% | percent | 5,142 | (2.65) | ||
| 30 Year Treasury | Down | (1) | Basis Points | 2.99 | Annual Yield | ||
| Short-term Treasury yields spiked to their highest level since April 2011 after Federal Reserve Chairman Janet Yellen said a December interest-rate hike could be appropriate. The comments came during testimony today before the House Financial Services Committee. Following her statement, the probability of a December rate hike rose to 60%, its highest level this year, up from 52% yesterday, according to the CME Group’s FedWatch Tool. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/treasury-yields-inch-lower-after-adp-slightly-misses-expectations-2015-11-04 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||