| The KUIK Closing Market Report for Monday, August 17: | |||||||
| Markets ended up. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Up | 68 | points | 17,545 | 2:44 PM | ||
| S&P500 | Up | 0.5% | percent | 2,102 | 10.90 | ||
| Nasdaq Composite | Up | 0.9% | percent | 5,092 | 43.46 | ||
| 30 Year Treasury | Down | (4) | Basis Points | 2.80 | Annual Yield | ||
| Former Federal Reserve Chairman Ben Bernanke warned today that reduced defense spending could have adverse long-term economic impacts, including undermining technological innovations that ultimately produce jobs in the private sector. Speaking at a Brookings Institution event, Bernanke said, “By far the most important (impact), certainly in the United States, has been the linkage between defense military appropriations and broader technological trends. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/cutting-defense-spending-could-hurt-economy-bernanke-warns-2015-08-17 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||