The KUIK Closing Market Report for Monday, May 12: |
Markets finished up. |
Direction |
Change |
Units |
Last |
Time |
Change |
Dow |
Up |
112 |
points |
16,695 |
1:37 PM |
S&P500 |
Up |
1.0% |
percent |
1,897 |
18.17 |
Nasdaq Composite |
Up |
1.8% |
percent |
4,144 |
71.99 |
30 Year Treasury |
Up |
2 |
Basis Points |
3.49 |
Annual Yield |
Philadelphia Fed President Charles Plosser estimates about 75% of the decline in the labor-force participation rate since 2007 is the result of an aging population. The participation rate recently matched a 35-year low. |
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/feds-plosser-falling-labor-force-participation-mostly-due-to-retirement-2014-05-12 |
For today’s Closing Market Report click to listen-> |
|