| The KUIK Closing Market Report for Tuesday, March 25: | |||||||
| Markets closed up. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 91 | points | 16,368 | 1:20 PM | ||
| S&P500 | Up | 0.44% | percent | 1,866 | 8.18 | ||
| Nasdaq Composite | Up | 0.19% | percent | 4,234 | 7.88 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 3.58 | Annual Yield | ||
| Short-term interest rates should hit 4% at the end of 2016, said Charles Plosser, president of the Philly Fed. In an interview on CNBC, Plosser said he expects short-term rates to hit 3% at the end of 2015 but that his projections for rates are higher than most of his colleagues. He also said there is a risk of volatility in the stock market as the Fed heads for the exit. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/feds-plosser-sees-rates-at-3-at-end-of-2016-2014-03-25 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||