| The KUIK Closing Market Report for Wednesday, August 26: | |||||||
| It was a big up day on Wall Street. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Up | 620 | points | 16,286 | 2:20 PM | ||
| S&P500 | Up | 3.9% | percent | 1,941 | 72.90 | ||
| Nasdaq Composite | Up | 4.2% | percent | 4,698 | 191.05 | ||
| 30 Year Treasury | Up | 8 | Basis Points | 2.93 | Annual Yield | ||
| Stocks jumped at the open with the push higher due to more stimulus measures by China’s central bank as well as better-than-expected economic data.New York Fed President William Dudley also said today the case for a rate hike in September is “less compelling” because of recent international developments and volatility in financial markets. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-stocks-on-track-to-rise-as-china-tries-fresh-stimulus-2015-08-26?mod=MW_story_latest_news | |||||||
| For today’s Closing Market Report click to listen-> | |||||||