| The KUIK Closing Market Report for Thursday, September 25: | |||||||
| It was a tough day on Wall Street. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (264) | points | 16,946 | 1:14 PM | ||
| S&P500 | Down | -1.6% | percent | 1,966 | (32.31) | ||
| Nasdaq Composite | Down | -1.9% | percent | 4,467 | (88.47) | ||
| 30 Year Treasury | Down | (6) | Basis Points | 3.22 | Annual Yield | ||
| The market for debt sold by the lowest-rated companies is concerning, accoridng to Dallas Federal Reserve President Richard Fisher. At a conference in Rome, he suggested that the Fed’s low-rate policies helped push up asset prices like those in the market for junk bonds. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/dallas-feds-fisher-signs-of-extreme-risk-taking-in-junk-bonds-2014-09-25 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||