Closing Market Report 5/6/2014

The KUIK Closing Market Report for Tuesday, May 6:
Markets ended down.
Direction Change Units  Last Time Change
Dow Down                   (130) points           16,401 2:13 PM
S&P500 Down -0.9% percent             1,868     (16.94)
Nasdaq Composite Down -1.4% percent             4,081     (57.30)
30 Year Treasury Down                      (3) Basis Points               3.38 Annual Yield
The Senate Agriculture Committee — which has oversight over the Commodity Futures Trading Commission — announced it is going to hold a hearing on high-frequency trading and automated trading in futures markets. The hearing, scheduled for May 13, will examine what the CFTC can do to help ensure market integrity.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/high-frequency-trading-hearing-to-be-held-in-senate-committee-2014-05-06
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