The KUIK Closing Market Report for Wednesday, June 19: |
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Markets had a big off day. |
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Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Down |
(206) |
points |
15,112 |
3:40 PM |
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|
S&P500 |
Down |
-1.39% |
percent |
1,629 |
|
(22.88) |
points |
Nasdaq Composite |
Down |
-1.13% |
percent |
3,443 |
|
30.00 |
points |
30 Year Treasury |
Up |
7 |
Basis Points |
3.41 |
Annual Yield |
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The Federal Reserve today said downside risks to the economy and the U.S. jobs market have “diminished since the fall,” in a more upbeat policy statement. The Fed expects growth to pick up in 2014 after slowing a bit in 2013, with the unemployment rate falling to as low as 6.5% by next year instead of 2015 as previously forecast. |
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Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
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For today’s Closing Market Report click to listen-> |
[audio https://beaconrwa.com/audio/Closing-Market-Report.mp3] |