The KUIK Closing Market Report for Wednesday, May 24:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
75
points
21,012
2:39 PM
S&P500
Up
0.3%
percent
2,404
5.97
Nasdaq Composite
Up
0.4%
percent
6,163
24.31
30 Year Treasury
Down
(2)
basis points
2.93
Annual Yield
Criminal and civil charges were filed todayin a case that seeks to prevent insider trading on political intelligence. The Securities and Exchange Commission and the U.S. attorney for the Southern District of New York filed charges in connection with the passing along of information on Medicare reimbursement rates. The SEC said David Blaszczak, a former government employee turned political-intelligence consultant at least three times received information about upcoming decisions by the Centers for Medicare and Medicaid Services from a former colleague and then allegedly tipped off analysts at hedge-fund Deerfield Capital Management.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
