The KUIK Closing Market Report for Thursday, April 13:
Markets were down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(137)
points
20,454
3:41 PM
S&P500
Down
-0.7%
percent
2,329
(15.98)
Nasdaq Composite
Down
-0.5%
percent
5,805
(31.01)
30 Year Treasury
Down
(4)
basis points
2.89
Annual Yield
The University of Michigan’s consumer sentiment survey for April rose to a preliminary 98 for April compared with March’s final of 96. Economists expected 96. Consumers’ views on current conditions jumped to 115.2 in April from 113.2 in March. That’s the highest level since 2000. Consumers’ expectations improved only slightly in April to 86.9 from 86.5 in March. The report said the gap between Republicans and Democrats remained “an astonishing 50.5 points.”
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
