| The KUIK Closing Market Report for Tuesday, July 15: | |||||||
| Markets ended mixed. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 5 | points | 17,061 | 2:03 PM | ||
| S&P500 | Down | -0.2% | percent | 1,973 | (3.82) | ||
| Nasdaq Composite | Down | -0.5% | percent | 4,416 | (24.03) | ||
| 30 Year Treasury | Down | (0) | Basis Points | 3.37 | Annual Yield | ||
| Senator Elizabeth Warren, Democrat of Massachusetts, today urged Federal Reserve Chairman Janet Yellen to get tougher on living wills prepared by the nation’s largest banks. Under Dodd-Frank, these banks must submit plans on how they can be liquidated in the event of failure. Warren said that the Fed didn’t seem to be following the statute that requires rulings from the central bank on whether the plans were credible. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://blogs.marketwatch.com/capitolreport/2014/07/15/warren-presses-yellen-to-get-tougher-on-big-banks-and-their-living-wills/ | |||||||
| For today’s Closing Market Report click to listen-> | |||||||