Closing Market Report 9/25/2012

The KUIK Closing Market Report for Tuesday, September 25:
Markets finished down.
Direction Change Units  Last Time Change
Dow Down                   (101) points             13,458 2:39 PM
S&P500 Down -1.1% percent               1,442       (15.30) points
Nasdaq Composite Down -1.4% percent               3,118       (43.06) points
30 Year Treasury Unchanged                        – basis points                 3.03
Charles Plosser, president of the Philadelphia Federal Reserve Bank slammed the central bank’s new asset purchase program called QE3, saying that it wasn’t necessary, wouldn’t work, and is risky.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/feds-plosser-slams-qe3-2012-09-25
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
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