Closing Market Report 10/29/2013

The KUIK Closing Market Report for Tuesday, October 29:
It was an up day on Wall Street.
Direction Change Units  Last  Time Change
Dow Up                    111 points           15,680 2:48 PM
S&P500 Up 0.6% percent             1,772        9.84
Nasdaq Composite Up 0.3% percent             3,952      12.21
30 Year Treasury Up                       2 Basis Points               3.62 Annual Yield
All eyes are on the Federal Reserve and any words that might give a hint when it will taper is $85 billion a month in bond buying.  The Fed ends it two day  meeting tomorrow with the release of its policy statement at 11:00 am Pacific time. There will not be press conference afterward.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://blogs.marketwatch.com/capitolreport/2013/10/29/what-to-look-for-in-the-fed-monetary-policy-statement/
For today’s Closing Market Report click to listen->