The KUIK Closing Market Report for Wednesday, March 2:
Markets were up.
Index Direction Change Units Index Time Change
Dow Up 33 points 16,899 1:02 PM
S&P500 Up 0.4% percent 1,986 8.06
Nasdaq Composite Up 0.3% percent 4,703 13.83
30 Year Treasury Down (1) Basis Points 2.69 Annual Yield
The Federal Reserve’s Beige Book painted a downbeat picture of economic activity from January through late-February. None of the 12 Fed districts reported any dramatic improvement in conditions. Growth was described as “modest” or “moderate” in six of the districts, down from nine districts in the previous report. Three reported “mixed” activity while two said growth was flat, and Kansas City reported a modest decline.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/feds-beige-book-paints-drab-picture-of-activity-through-late-february-2016-03-02\
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