Closing Market Report 3/30/2017

March 30, 2017
The KUIK Closing Market Report for Thursday, March 30:
 
Markets ended up.
 
Index Direction Change Units Index Time Change  
Dow Up                     69 points         20,728 7:24 PM    
S&P500 Up 0.3% percent           2,368          6.93  
Nasdaq Composite Up 0.3% percent           5,914        16.80  
30 Year Treasury Up                       4 Basis Points            3.03 Annual Yield    
 
Lululmon report reported fourth-quarter earnings that were below Wall Street expectations and sales that were slightly above forecast. The stock ended down almost 24% to $50.66 a share.  In a conference call with analysts, company executives blamed the miss on a collection that lacked depth and color.
 
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
 
http://www.marketwatch.com/story/lululemon-admits-to-color-mishap-and-wall-street-punishes-its-stock-2017-03-30
 
For today’s Closing Market Report click to listen->