The KUIK Closing Market Report for Tuesday, March 17: |
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Markets were mixed. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Down |
(128) |
points |
17,849 |
1:18 PM |
|
|
S&P500 |
Down |
-0.3% |
percent |
2,074 |
|
(6.99) |
|
Nasdaq Composite |
Up |
0.2% |
percent |
4,937 |
|
7.93 |
|
30 Year Treasury |
Down |
(6) |
Basis Points |
2.62 |
Annual Yield |
|
|
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The Federal Open Market Committee wraps up its two-day meeting tomorrow with the release of its policy statement at 11 am Pacific time followed by a press conference from Fed Chairman Janet Yellen at 11:30. While markets will be keying on a single word —whether the U.S. central bank drops its pledge to be “patient” in raising short-term interest rates — the Fed will also comment on the strength of the economy and outlook for inflation. |
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Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/heres-what-to-watch-from-the-fed-this-week-2015-03-16 |
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For today’s Closing Market Report click to listen-> |
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