The KUIK Closing Market Report for Friday, October 25: |
|
Markets finished up. |
|
|
Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Up |
61 |
points |
15,570 |
2:45 PM |
|
|
S&P500 |
Up |
0.4% |
percent |
1,760 |
|
7.70 |
|
Nasdaq Composite |
Up |
0.4% |
percent |
3,943 |
|
14.40 |
|
30 Year Treasury |
Down |
(2) |
Basis Points |
3.59 |
Annual Yield |
|
|
|
The Federal Housing Finance Administration which regulates Fannie Mae and Freddie Mac announced today that it has reached $5.1 billion in settlements with J.P. Morgan Chase over loans purchased during the housing bubble–4 billion four loans and 1.1 billion over warranty claims. |
|
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
|
http://www.marketwatch.com/story/jp-morgan-to-pay-51b-to-settle-housing-claims-2013-10-25 |
|
For today’s Closing Market Report click to listen-> |
|