The KUIK Closing Market Report for Thursday, December 28:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
63
points
24,838
2:32 PM
S&P500
Up
0.2%
percent
2,688
Nasdaq Composite
Up
0.2%
percent
6,950
30 Year Treasury
Up
1
basis points
2.76
Annual Yield
MNI Indicators reports the Chicago Purchasing Managers Index rose to 67.6 in December from November’s 63.9, finishing 2017 at the highest level in six years. Readings over 50 indicate improving conditions. The amount of goods and services produced in the Chicago region hit a 34-year peak, reflecting steadily rising demand while new orders touched a 3½ year high.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.