Closing Market Report 10/30/2013

The KUIK Closing Market Report for Wednesday, October 30:
Markets finished down.
Direction Change Units  Last  Time Change
Dow Down                    (61) points           15,619 2:23 PM
S&P500 Down -0.5% percent             1,763       (8.64)
Nasdaq Composite Down -0.6% percent             3,931     (21.72)
30 Year Treasury Up                       1 Basis Points               3.63 Annual Yield
The Federal Reserve announced today it will hold monetary policy steady, saying that conditions remained too weak to pull back from its bond-buying program. By a vote of 9 to 1, the Fed decided to maintain the pace of its monthly asset purchases at $85 billion-a-month.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/fed-says-economy-too-weak-to-begin-taper-2013-10-30
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