Closing Market Report 3/29/2018

  

The KUIK Closing Market Report for Thursday, March 29:

 

Markets were up.

 

Index

Direction

Change

Units

Index

Time

Change

Dow

Up

                   255

 points

        24,103

S&P500

Up

1.4%

percent

          2,641

Nasdaq Composite

Up

1.6%

percent

          7,063

30 Year Treasury

Down

                     (4)

Basis Points

           2.97

Annual Yield

The Chicago Purchasing Managers Index for March fell to a one-year low of 57.4 down from February’s 61.9. Readings over 50 show that conditions are still improving.  Employment expanded but orders and production have slowed. Bond yields fell and prices rose after the report was released.

Serving the West Side first, I am Bill Roller of brcapitalinc.com for 1360 KUIK.

www.marketwatch.com/story/chicago-pmi-falls-to-lowest-level-in-a-year-in-march-2018-03-29

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