| The KUIK Closing Market Report for Wednesday, July 29: | |||||||
| Markets were up. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Up | 121 | points | 17,751 | 1:56 PM | ||
| S&P500 | Up | 0.7% | percent | 2,109 | 15.32 | ||
| Nasdaq Composite | Up | 0.4% | percent | 5,112 | 22.53 | ||
| 30 Year Treasury | Up | 3 | Basis Points | 2.99 | Annual Yield | ||
| The Federal Reserve voted unanimously to keep the fed funds interest rate unchanged, but central bankers were more upbeat about the economy in a sign that a widely expected rate hike could still come in September. “The labor market continued to improve, with solid job gains and declining unemployment,” the Fed said in a statement after their two day meeting. Their next meeting will be Sept 16-17. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/fed-keeps-rates-unchanged-september-rate-hike-not-ruled-out-2015-07-29 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||