| The KUIK Closing Market Report for Friday, August 23: | |||||||
| Markets finished up. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 47 | points | 15,011 | 1:20 PM | ||
| S&P500 | Up | 0.39% | percent | 1,664 | 6.54 | ||
| Nasdaq Composite | Up | 0.52% | percent | 3,658 | 19.09 | ||
| 30 Year Treasury | Down | (9) | Basis Points | 3.80 | Annual Yield | ||
| The Federal Reserve should pledge not to raise its benchmark interest rate as long as inflation remains below 1.5%, said James Bullard, the president of the St. Louis Fed Bank, on Friday. “It would signal we are serious about defending the inflation target from the downside,” Bullard said in a Bloomberg Radio interview. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/feds-bullard-wants-15-inflation-floor-2013-08-23 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||