| The KUIK Closing Market Report for Wednesday, February 26: | |||||||
| Markets ended flat. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 19 | points | 16,198 | 2:40 PM | ||
| S&P500 | Unchanged | 0.00% | percent | 1,845 | 0.04 | ||
| Nasdaq Composite | Up | 0.10% | percent | 4,292 | 4.48 | ||
| 30 Year Treasury | Down | (3) | Basis Points | 3.64 | Annual Yield | ||
| The labor market will have “significant slack” even when it crosses the central bank’s 6.5% jobless rate threshold, said Eric Rosengren, the president of the Federal Reserve Bank of Boston. He says the slack is due to an elevated number of part time workers, the still-high unemployment rate, and the very low inflation rate. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/feds-rosengren-sees-significant-job-market-slack-2014-02-26-12913159 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||