The KUIK Closing Market Report for Wednesday, April 19:
Markets were mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(119)
points
20,637
2:24 PM
S&P500
Down
-0.2%
percent
2,338
(4.02)
Nasdaq Composite
Up
0.2%
percent
5,863
13.56
30 Year Treasury
Up
2
basis points
2.86
Annual Yield
Tight labor markets are broadening wage gains but price pressures remain modest, according to the Federal Reserve’s Beige Book. It said “a larger number of firms mentioned high turnover rates and more difficulty retaining workers” and the 12 districts were split equally between modest and moderate growth.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
