| The KUIK Closing Market Report for Wednesday, October 28: | |||||||
| Markets were up. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Up | 199 | points | 17,780 | 1:53 PM | ||
| S&P500 | Up | 1.2% | percent | 2,090 | 24.46 | ||
| Nasdaq Composite | Up | 1.3% | percent | 5,096 | 65.54 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 2.86 | Annual Yield | ||
| The Federal Reserve kept interest rates close to zero but in new language in its policy statement, the Fed said it would determine “whether it will be appropriate to raise the target range at its next meeting” which is December. Previous statements have not had any time element, saying only that policymakers “would determine how long to maintain” rates close to zero. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/fed-circles-december-for-possible-rate-hike-2015-10-28 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||