The KUIK Closing Market Report for Friday, March 20: |
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Markets were mixed. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Up |
169 |
points |
18,128 |
2:17 PM |
|
|
S&P500 |
Up |
0.9% |
percent |
2,108 |
|
18.83 |
|
Nasdaq Composite |
Up |
0.7% |
percent |
5,026 |
|
34.04 |
|
30 Year Treasury |
Down |
(4) |
Basis Points |
2.50 |
Annual Yield |
|
|
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Economists at Credit Suisse said in a note today that last Wednesday’s Fed commentary was dovish, but that they still expect a rate hike in June. They also lifted their year-end target for the S&P 500 by 20 points to 2,170, citing improving corporate credit and stabilizing earnings revisions. |
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Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/us-stocks-futures-hint-at-strong-weekly-jump-2015-03-20 |
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For today’s Closing Market Report click to listen-> |
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