Closing Market Report 5/2/2014

The KUIK Closing Market Report for Friday, May 2:
Markets ended down.
Direction Change Units  Last Time Change
Dow Down                    (46) points           16,513 1:22 PM
S&P500 Down -0.1% percent             1,881       (2.54)
Nasdaq Composite Down -0.1% percent             4,124       (3.55)
30 Year Treasury Down                      (4) Basis Points               3.37 Annual Yield
The U.S. economy added 288,000 jobs in April, while the unemployment rate fell to 6.3% from 6.7%. However, the labor participation rate fell to a 35-year low and wage growth was flat, suggesting there is still slack in the labor market.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/stocks-close-lower-trim-weekly-gains-2014-05-02?dist=markets
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