Closing Market Report 2/12/2018

  

The KUIK Closing Market Report for Monday, February 12:

 

Markets were up.

 

Index

Direction

Change

Units

Index

Time

Change

Dow

Up

                   410

 points

        24,601

2:54 PM

S&P500

Up

1.4%

percent

          2,656

       1.38

Nasdaq Composite

Up

1.6%

percent

          6,982

       9.00

30 Year Treasury

Unchanged

                     –  

Basis Points

           3.14

Annual Yield

Valentine’s Day, this Wednesday, February 14 is emerging as  a critical day for Wall Street. That’s when January’s consumer price index will be released.  Thursday will see the release of the producer price index.  Inflation fears have driven trading over the last week. The CPI is expected to show growth of 0.4%, up from December’s 0.1%, according to the mean estimate of analysts polled by MarketWatch.

Sign up for a  Social Security and Retirement Analysis at brcapitalinc.com/kuik. Serving the West Side first, I am Bill Roller for 1360 KUIK.

www.marketwatch.com/story/weeks-inflation-data-is-seen-as-the-markets-next-big-tests-2018-02-12

For today’s Closing Market Report click to listen->