| The KUIK Closing Market Report for Wednesday, May 29: | |||||||
| Markets finished down. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (107) | points | 15,303 | 1:08 PM | ||
| S&P500 | Down | -0.70% | percent | 1,648 | |||
| Nasdaq Composite | Down | -0.60% | percent | 3,468 | |||
| 30 Year Treasury | Down | (2) | Basis Points | 3.27 | Annual Yield | ||
| A modest reduction in the pace of the Federal Reserve’s asset purchases may make sense if there are more months of improvement in the labor market and the economy, said Eric Rosengren, the president of the Boston Fed in a speech. But for now, it would be “premature” to stop quantitative easing. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/feds-rosengren-tapering-may-come-in-few-months-2013-05-29-13912452 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||