| The KUIK Closing Market Report for Monday, May 19: | |||||||
| Markets finished up. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 44 | points | 16,491 | 2:05 PM | ||
| S&P500 | Up | 0.4% | percent | 1,885 | 7.22 | ||
| Nasdaq Composite | Up | 0.9% | percent | 4,126 | 35.23 | ||
| 30 Year Treasury | Up | 4 | Basis Points | 3.38 | Annual Yield | ||
| The chances of another financial crisis in this lifetime are ‘very low,’ thanks to reforms taken after the last meltdown, according to former Treasury Secretary Timothy “Turbotax” Geithner. Speaking at an event sponsored by Politico, Geithner said those reforms have set up the U.S. for a long period of relative calm – though he didn’t deny the U.S. economy is facing challenges. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://blogs.marketwatch.com/capitolreport/2014/05/19/risk-of-another-financial-crisis-very-low-geithner-says/ | |||||||
| For today’s Closing Market Report click to listen-> | |||||||