The KUIK Closing Market Report for Tuesday, June 6:
Markets were down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(48)
points
21,136
2:44 PM
S&P500
Down
-0.3%
percent
2,429
(6.77)
Nasdaq Composite
Down
-0.3%
percent
6,275
(20.63)
30 Year Treasury
Down
(3)
basis points
2.81
Annual Yield
The Business Roundtable said theindex that measures the confidence of the nation’s top executives rose in the second quarter to the highest level since 2014. 36% of CEO’s said they plan to hire in the next six months, down from 41% in the first quarter. 43% said they plan to increase investment, down from 46%. The roundtable estimates gross domestic product will grow 2% in 2017 vs the prior 2.2% target. In 2016, the U.S. expanded 1.6%.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
