The KUIK Closing Market Report for Friday, March 3:
Markets were up
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
3
points
21,006
7:03 AM
S&P500
Up
1
point
2,383
Nasdaq Composite
Up
0.2%
percent
5,821
30 Year Treasury
Up
–
basis points
3.08
Annual Yield
Recent reports from Institute for Supply Management show that 33 of the 36 industries tracked by the expanded in February, the most in almost three years. Just as recently as last summer only half of them were in growth mode. The improvement also appears to be nudging the Federal Reserve to an increase in interest rates as early as March.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.