| The KUIK Closing Market Report for Thursday, May 7: | |||||||
| Markets were up. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Up | 46 | points | 18,070 | 2:28 PM | ||
| S&P500 | Up | 0.4% | percent | 2,088 | 7.85 | ||
| Nasdaq Composite | Up | 0.5% | percent | 4,946 | 25.90 | ||
| 30 Year Treasury | Down | (8) | Basis Points | 2.91 | Annual Yield | ||
| The Federal Reserve says consumer credit grew at a seasonally adjusted annual rate of 7.4%, for a gain of $20.5 billion in Marc. This is the fastest pace of growth in percentage terms since April 2014. Non-revolving debt, mainly car and student loans, grew at a 7.9% rate. Credit-card debt increased at a 5.9% rate in March after two straight declines. This is the biggest increase in credit card loans since last July. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/consumer-credit-jumps-205-billion-in-march-2015-05-07 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||