The KUIK Closing Market Report for Friday, May 9: |
Markets finished up. |
Direction |
Change |
Units |
Last |
Time |
Change |
Dow |
Up |
32 |
points |
16,583 |
1:40 PM |
S&P500 |
Up |
0.2% |
percent |
1,878 |
2.85 |
Nasdaq Composite |
Up |
0.5% |
percent |
4,072 |
20.37 |
30 Year Treasury |
Up |
5 |
Basis Points |
3.47 |
Annual Yield |
Richard Fisher, the president of the Dallas Federal Reserve Bank, said Friday that he supports the central bank ending its bond- buying program in October with a final reduction of $15 billion. The Fed has been reducing the pace of its asset purchases by $10 billion per meeting this year. |
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/fed-takes-step-to-limit-size-of-biggest-banks-2014-05-08 |
For today’s Closing Market Report click to listen-> |
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