The KUIK Closing Market Report for Wednesday, January 13:
MarketsĀ had a big down day.
Index Direction Change Units Index Time Change
Dow Down (365) points 16,151 11:28 AM
S&P500 Down -2.5% percent 1,890 (2.48)
Nasdaq Composite Down -3.4% percent 4,526 (2.50)
30 Year Treasury Down (3) Basis Points 2.85 Annual Yield
The Fed’s Beige Bppl was released today. It shows modest growth in 9 of 12 districts. Manufacturing, agriculture, and energy struggle, while consumers and housing are solid. Conditions are essentially flat in New York and Kansas City and upbeat in Boston.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/beige-book-portrays-jekyll-hyde-economy-2016-01-13?dist=lcountdown
For today’s Closing Market Report click to listen->