The KUIK Closing Market Report for Tuesday, May 9:
Markets were mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(28)
points
20,984
8:16 PM
S&P500
Down
-0.1%
percent
2,397
(2.46)
Nasdaq Composite
Up
0.3%
percent
6,121
17.93
30 Year Treasury
Up
3
basis points
3.04
Annual Yield
Shares of online review site Yelp Inc. dropped 25% in after-hours trading Tuesday, after the company missed first-quarter revenue estimates and lowered its outlook for the year. The San Francisco-based Yelp said it had a net loss of $4.8 million, in the quarter, after a loss of $15.5 million, in the year-earlier period.
Serving the West Side first, I am Mike Elerath of BR Capital for 1360 KUIK.
