Closing Market Report 1/8/2014

The KUIK Closing Market Report for Wednesday, January 8:
Markets finished mixed.
Direction Change Units  Last  Time Change
Dow Down                     68 points           16,463 1:30 PM
S&P500 Down 0.00% percent             1,837
Nasdaq Composite Up 0.30% percent             4,166
30 Year Treasury Up                       4 Basis Points 3.92% Annual Yield
Federal Reserve officials agreed at their December 18 Federal Open Market Committee meeting to start to wind down their asset purchase program as most believed that the benefits of the controversial policy were eroding over time, according to the minutes of the meeting that were released today.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/fed-thinks-qe-impact-declines-over-time-minutes-2014-01-08-1491018
For today’s Closing Market Report click to listen->