Closing Market Report 3/18/2015

The KUIK Closing Market Report for Wednesday, March 18:
Markets were had a big up day.
Index Direction Change Units Index Time Change
Dow Up                    227 points           18,076 3:22 PM
S&P500 Up 1.2% percent             2,100      25.22
Nasdaq Composite Up 0.9% percent             4,983      45.39
30 Year Treasury Down                      (8) Basis Points               2.54 Annual Yield
The Federal Open Market Committee concluded its two-day meeting and dropped the word “patient” from its policy guidance.  But Fed Chairman Janet Yellen said just because the Fed is no longer patient, doesn’t mean tht it is inpatient. She also said that the Fed has not decided on the timing of its first rate increase.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://blogs.marketwatch.com/capitolreport/2015/03/18/live-blog-and-video-of-the-federal-reserve-decision-and-janet-yellen-press-conference/
For today’s Closing Market Report click to listen->