| The KUIK Closing Market Report for Monday, September 29: | |||||||
| Markets started the week on the downside. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (42) | points | 17,071 | 1:27 PM | ||
| S&P500 | Down | -0.3% | percent | 1,978 | (5.05) | ||
| Nasdaq Composite | Down | -0.1% | percent | 4,506 | (6.34) | ||
| 30 Year Treasury | Down | (4) | Basis Points | 3.18 | Annual Yield | ||
| Student loans have become a serious burden for “far too many borrowers” and more research is needed in figuring out this “troubling” trend, according to Treasury Deputy Secretary Sarah Bloom Raskin in a speech to the National Association for Business Economics meeting in Chicago. Americans owed over $1 trillion in student loans at the end of 2013, more than any other country, and up from $500 billion at the end of 2007 | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://blogs.marketwatch.com/capitolreport/2014/09/29/treasury-official-calls-upturn-in-late-and-defaulted-student-debt-troubling/ | |||||||
| For today’s Closing Market Report click to listen-> | |||||||