| The KUIK Closing Market Report for Wednesday, June 26: | |||||||
| Markets finished up today. | |||||||
| Direction | Change | Units | Last | Time | |||
| Dow | Up | 150 | points | 14,910 | 2:39 PM | ||
| S&P500 | Up | 0.96% | percent | 1,603 | |||
| Nasdaq Composite | Up | 0.84% | percent | 3,376 | |||
| 30 Year Treasury | Down | (4) | Basis Points | 3.57 | Annual Yield | ||
| Shares of mortgage buyers Fannie Mae and Freddie Mac dropped today, a day after a bipartisan group of senators introduced legislation to wind down the firms and make common shareholders last in line to receive any proceed. Shares of Fannie were off 20%, while shares of Freddie dropped 21%. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/gse-shares-plunge-after-reform-bill-introduced-2013-06-26 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||