| The KUIK Closing Market Report for Wednesday, May 20: | |||||||
| Markets were mixed. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (27) | points | 18,285 | 1:19 PM | ||
| S&P500 | Down | -0.1% | percent | 2,126 | (1.98) | ||
| Nasdaq Composite | Up | 0.0% | percent | 5,072 | 1.71 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 3.05 | Annual Yield | ||
| Chances of a rate hike in June appear slim after the publication of minutes from the last Federal Reserve interest-rate meeting. According to the summary of the discussions on April 29-30, only a “few” Fed officials thought that the economy would show enough strength to justify a move in six weeks. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/a-june-rate-hike-is-unlikely-fed-minutes-suggest-2015-05-20 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||