| The KUIK Closing Market Report for Monday, June 24: | |||||||
| Markets had another down day. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (140) | points | 14,660 | 2:47 PM | ||
| S&P500 | Down | -1.21% | percent | 1,573 | (19.34) | points | |
| Nasdaq Composite | Down | -1.09% | percent | 3,321 | 8.00 | points | |
| 30 Year Treasury | Down | (1) | Basis Points | 3.56 | Annual Yield | ||
| A bill to reform Fannie Mae and Freddie Mac will call for the firms to be wound down in five years and for private equity to absorb the first 10% loss on all new mortgage-backed securities, according to CNBC. The bill will be introduced tomorrow Republican Sen. Bob Corker of Tennessee and Democratic Sen. Mark Warner of Virginia. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/economy-politics?link=MW_Nav_EP | |||||||
| For today’s Closing Market Report click to listen-> | |||||||