The KUIK Closing Market Report for Thursday, June 18: |
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Markets were up. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Up |
180 |
points |
18,116 |
6:42 PM |
|
|
S&P500 |
Up |
1.0% |
percent |
2,121 |
|
20.80 |
|
Nasdaq Composite |
Up |
1.3% |
percent |
5,133 |
|
68.07 |
|
30 Year Treasury |
Up |
7 |
Basis Points |
3.14 |
Annual Yield |
|
|
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The Philadelphia Fed’s manufacturing index increased to 15.2 in June, up from 6.7 in May and the 9.0 forecast by economists. This is the highest reading since December. Any reading above zero indicates expansion. New orders and shipments both rose while employment slipped slightly. The prices paid index jumped 31 points to 17.2, its highest reading in eight months. The Philly Fed index was strong last fall, rising to 40.2 in November, but then slumped. |
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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/philly-fed-index-beats-forecasts-rises-to-152-in-june-2015-06-18 |
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For today’s Closing Market Report click to listen-> |
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