Market Update Report 5/27/2015

The KUIK Market Update for Wednesday, May 27:
Markets are up.
Index Direction Change Units Time Change
Dow Up                    109  points           18,150 8:07 AM
S&P500 Up 0.6% percent             2,117      12.72
Nasdaq Composite Up 0.9% percent             5,076      43.01
30 Year Treasury Up                       3 Basis Points               2.92 Annual Yield
The Hill surveyed Democratic lawmakers, former members and strategists, and found they are rooting for Ted Cruz to win the Republican presidential nomination. But Jeb Bush is the 2016 candidate Democrats fear the most. Democrats think that Cruz, the junior Republican Senator from Texas, would alienate independent voters, get liberals to the polls, and give their party the best shot at picking up congressional seats. They think Bush would be a tougher opponent since he is a former governor from a political dynasty who can raise hundreds of millions of dollars and appeal more strongly to women and independent voters.
European stocks jumped Wednesday afternoon following reports that debt-troubled Greece is in the final stages of a deal with its international creditors. The Stoxx Europe 600 SXXP climbed 1.2%, and Greece’s Athex Composite climbed 3.6% on reports Greece’s Prime Minister Alexis Tsipras said Athens is in the final stages of a deal, with details to come soon.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/democrats-root-for-ted-cruz-to-win-republican-nomination-2015-05-27
http://www.marketwatch.com/story/european-stocks-jump-on-reports-greece-nearing-a-debt-deal-2015-05-27?dist=markets
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