The KUIK Closing Market Report for Tuesday, June 13:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
93
points
21,328
1:30 PM
S&P500
Up
0.5%
percent
2,440
10.96
Nasdaq Composite
Up
0.7%
percent
6,220
44.90
30 Year Treasury
Down
(1)
basis points
2.86
Annual Yield
Stocks rose on today as technology shares rebounded after a two-day decline. The two-day Federal Open Market Committee meeting will wrap up tomorrow with a news conference with Fed Chairan Janet Yellen. Market observers are nearly unanimous in the view that the fed-funds rate will be raised a quarter point.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.