Closing Market Report 1/3/2013

The KUIK Closing Market Report for Thursday, January 3:
Markets ended slightly down.
Direction Change Units  Last Time Change
Dow Down                      (21) points             13,391 4:34 PM
S&P500 Down -0.21% percent               1,459         (3.05) points
Nasdaq Composite Down -0.40% percent               3,101      92.00 points
30 Year Treasury Up                       6 Basis Points               3.11 Annual Yield
Minutes of December’s Federal Open Market Committee were released and markets think that the Fed will be cutting back on bond purchases and rates might be heading up.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/fed-sees-bond-buying-program-ending-this-year-2013-01-03
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3