Closing Market Report 3/17/2015

The KUIK Closing Market Report for Tuesday, March 17:
Markets were mixed.
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
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.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/heres-what-to-watch-from-the-fed-this-week-2015-03-16
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