The KUIK Closing Market Report for Thursday, July 6:
Markets were down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(158)
points
21,320
2:23 PM
S&P500
Down
-0.9%
percent
2,410
(22.79)
Nasdaq Composite
Down
-1.0%
percent
6,089
(61.39)
30 Year Treasury
Up
4
basis points
2.90
Annual Yield
The U.S. service sector expanded in June according to the Institute for Supply Management’s nonmanufacturing index. It rose to 57.4% from May’s 56.9%. Economists expected 56.5%. Readings above 50% indicate improving conditions. Of the 17 industries tracked it showed growth in 16.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
