| The KUIK Closing Market Report for Friday, March 21: | |||||||
| Markets faded at the end. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (28) | points | 16,303 | 1:32 PM | ||
| S&P500 | Down | -0.29% | percent | 1,867 | (5.49) | ||
| Nasdaq Composite | Down | -0.98% | percent | 4,277 | (42.50) | ||
| 30 Year Treasury | Down | (5) | Basis Points | 3.61 | Annual Yield | ||
| Shares of Visa rose 2.6% today after a federal appeals court upheld a rule allowing banks to charge retailers as much as 21 cents to process debit-card transactions. The decision was part of an appeal by the Federal Reserve to a federal judge’s decision in July to cap fees. Businesses pay fees to the banks to cover the cost of using debit cards and had argued in a lawsuit that the fees should be lower. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/visa-up-26-after-court-upholds-swipe-ruling-2014-03-21?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | |||||||