Closing Market Report 8/31/2012

The KUIK Closing Market Report for Friday, August 31:
Markets had a big up day.
Direction Change Units  Last Time
Dow Up                     90 points             13,091 1:11 PM
S&P500 Up 0.5% percent               1,407
Nasdaq Composite Up 0.6% percent               3,067
30 Year Treasury Down                     (5.4) basis points               2.68
The   U.S. dollar fell to its lowest level in more than three months, after Federal Reserve Chairman Ben Bernanke said he was open to more quantitative easing to boost the economy, but did not provide any hints on the timing of that action.
Serving the West Side I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/dollar-slips-as-markets-await-bernanke-2012-08-31
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
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