| The KUIK Closing Market Report for Friday, March 6: | |||||||
| Markets had a downer day. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (279) | points | 17,857 | 2:26 PM | ||
| S&P500 | Down | -1.4% | percent | 2,071 | (29.78) | ||
| Nasdaq Composite | Down | -1.1% | percent | 4,927 | (55.44) | ||
| 30 Year Treasury | Up | 12 | Basis Points | 2.84 | Annual Yield | ||
| Jeffrey Lacker, president of the Richmond Federal Reserve Bank said he wants the Fed to raise rates in June. In an interview on Wharton Business Radio on Sirius XM Lacker said he wants the Fed to drop the work “patient” from its forward guidance at its meeting on March 17 so that June will become “a live option.” He said today’s jobs report signaled a healthy labor market. Lacker is a voting member of the Fed’s policy committee this year. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/feds-lacker-wants-the-first-rate-hike-to-come-in-june-2015-03-06 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||