| The KUIK Closing Market Report for Thursday, September 24: | |||||||
| Markets were down. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (79) | points | 16,201 | 2:44 PM | ||
| S&P500 | Down | -0.3% | percent | 1,932 | (6.52) | ||
| Nasdaq Composite | Down | -0.4% | percent | 4,734 | (18.27) | ||
| 30 Year Treasury | Down | (4) | Basis Points | 2.90 | Annual Yield | ||
| Federal Reserve Chairman Janet Yellen said today that she believes it remains “appropriate” for the U.S. central bank to hike rates this year. In a speech at the University of Massachusetts, Yellen said she expects inflation will return to 2% annually “over the next few years” as temporary factors holding it down change. This assumes economic growth remains strong and inflation expectations stay well anchored. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/feds-yellen-says-appropriate-to-raise-interest-rates-this-year-2015-09-24 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||