Closing Market Report 11/4/2015

The KUIK Closing Market Report for Wednesday, November 4:
Markets were down.
Index Direction Change Units Index Time Change
Dow Down                    (51) points         17,868 1:42 PM
S&P500 Down -0.4% percent           2,102       (7.48)
Nasdaq Composite Down -0.1% percent           5,142       (2.65)
30 Year Treasury Down                      (1) Basis Points            2.99 Annual Yield
Short-term Treasury yields spiked to their highest level since April 2011 after Federal Reserve Chairman Janet Yellen said a December interest-rate hike could be appropriate. The comments came during testimony today before the House Financial Services Committee. Following her statement, the probability of a December rate hike rose to 60%, its highest level this year, up from 52% yesterday, according to the CME Group’s FedWatch Tool.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/treasury-yields-inch-lower-after-adp-slightly-misses-expectations-2015-11-04
For today’s Closing Market Report click to listen->