The KUIK Closing Market Report for Wednesday, February 19: |
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Markets ended mixed. |
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|
Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Down |
(90) |
points |
16,041 |
2:04 PM |
|
|
S&P500 |
Down |
-0.65% |
percent |
1,829 |
|
(12.01) |
|
Nasdaq Composite |
Down |
-0.82% |
percent |
4,238 |
|
(34.83) |
|
30 Year Treasury |
Up |
3 |
Basis Points |
3.71 |
Annual Yield |
|
|
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Wal-Mart , the largest U.S. private employer, is breaking with trade groups and other businesses and said it’s looking at supporting a hike in the federal minimum wage, according to Bloomberg, citing a company spokesman. The company is debating the impact of increased costs against the potential benefit of increased consumer spending at its stores. |
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Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/wal-mart-considers-supporting-wage-hike-report-2014-02-19?dist=markets |
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For today’s Closing Market Report click to listen-> |
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