The KUIK Closing Market Report for Monday, February 12: |
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Markets were up. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Up |
410 |
points |
24,601 |
2:54 PM |
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S&P500 |
Up |
1.4% |
percent |
2,656 |
1.38 |
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Nasdaq Composite |
Up |
1.6% |
percent |
6,982 |
9.00 |
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30 Year Treasury |
Unchanged |
– |
Basis Points |
3.14 |
Annual Yield |
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Valentine’s Day, this Wednesday, February 14 is emerging as a critical day for Wall Street. That’s when January’s consumer price index will be released. Thursday will see the release of the producer price index. Inflation fears have driven trading over the last week. The CPI is expected to show growth of 0.4%, up from December’s 0.1%, according to the mean estimate of analysts polled by MarketWatch. |
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Sign up for a Social Security and Retirement Analysis at brcapitalinc.com/kuik. Serving the West Side first, I am Bill Roller for 1360 KUIK. |
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www.marketwatch.com/story/weeks-inflation-data-is-seen-as-the-markets-next-big-tests-2018-02-12 |
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For today’s Closing Market Report click to listen-> |
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