The KUIK Closing Market Report for Wednesday, June 17: |
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Markets were up. |
|
Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Up |
31 |
points |
17,936 |
6:17 PM |
|
|
S&P500 |
Up |
0.20% |
percent |
2,100 |
|
4.15 |
|
Nasdaq Composite |
Up |
0.18% |
percent |
5,065 |
|
9.33 |
|
30 Year Treasury |
Up |
2 |
Basis Points |
3.07 |
Annual Yield |
|
|
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The Federal Reserve concluded its two day policy meeting and held its benchmark interest rate near zero, but believes improving U.S. economic growth is likely to warrant one or two interest rate increases before the end of the year. Fed Chaiman Janet Yellen said the economy has managed to escape the “soft patch” of the first quarter. |
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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/fed-keeps-rates-unchanged-as-it-still-eyes-hikes-this-year-2015-06-17 |
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For today’s Closing Market Report click to listen-> |
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