The KUIK Closing Market Report for Monday, November 25: |
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Markets finished mixed. |
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|
Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Up |
8 |
points |
16,073 |
2:49 PM |
|
|
S&P500 |
Down |
-0.13% |
percent |
1,802 |
|
(2.28) |
|
Nasdaq Composite |
Up |
0.07% |
percent |
3,995 |
|
2.92 |
|
30 Year Treasury |
Down |
(0) |
Basis Points |
3.84 |
Annual Yield |
|
|
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Could bank customers be charged to keep their money in U.S. banks? That’s the latest threat coming out of Wall Street, said a report in the Financial Times, as firms look to combat a possible interest rate cut from the Federal Reserve on bank reserves. That would be a hit to depositors, already earning close to zero interest on checking and savings accounts. |
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Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://blogs.marketwatch.com/thetell/2013/11/25/bank-look-to-charge-customers-to-hold-their-money-if-fed-says-stop-being-lazy/ |
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For today’s Closing Market Report click to listen-> |
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