| The KUIK Market Update for Wednesday, May 20: | |||||||
| Markets are flat. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 5 | points | 18,317 | 7:57 AM | ||
| S&P500 | Unchanged | 0.0% | percent | 2,128 | 0.05 | ||
| Nasdaq Composite | Down | 0.0% | percent | 5,070 | (0.38) | ||
| 30 Year Treasury | Up | 3 | Basis Points | 3.07 | Annual Yield | ||
| The Wall Street Journal reports that from January through April 9 of this year, attacks on debit cards at ATMs reached the highest level in at least 20 years, according to credit scoring firm FICO. The company tracks incidents through its card- monitoring service for financial institutions that represent more than 65% of all U.S. debit cards. Debit-card compromises at ATMs located on bank property jumped 174%, compared with the same period last year, while successful attacks at nonbank machines soared by 317%. | |||||||
| In Athens, the Athex Composite was down 0.3% to 843.59. Greece won’t be able to make a payment due June 5 to the International Monetary Fund unless it get an agreement with its creditors, according to Reuters, citing the Greece’s speaker in parliament. Moody’s said the Greek banking system is grappling with acute deterioration in funding and liquidity. It said “These pressures are unlikely to ease over the next 12-18 months and there is a high likelihood of an imposition of capital controls and a deposit freeze.” | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/theft-of-debit-card-data-via-atms-soars-2015-05-20?link=MW_latest_news | |||||||
| http://stream.marketwatch.com/story/markets/SS-4-4/SS-4-82997/ | |||||||
| For today’s Market Update Report click to listen-> | |||||||