Closing Market Report 5/20/2014

The KUIK Closing Market Report for Tuesday, May 20:
Markets finished down.
Direction Change Units  Last Time Change
Dow Down                   (138) points           16,374 1:39 PM
S&P500 Down -0.7% percent             1,873     (12.25)
Nasdaq Composite Down -0.7% percent             4,097     (28.92)
30 Year Treasury Down                      (1) Basis Points               3.38 Annual Yield
Microsoft unveiled a new version of its Surface tablet that the company said could “replace your laptop” and even came up with a new term: “Lapability.”  The Surface Pro 3was introduced at a Microsoft event in New York.  It features a 12-inch screen, an Intel processor, and a stand that makes it easy to use like a laptop.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://blogs.marketwatch.com/thetell/2014/05/20/microsoft-bills-new-surface-tablet-as-laptop-killer-aiming-at-apple/
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