| The KUIK Closing Market Report for Thursday, June 13: | |||||||
| Markets finished with a strong up day. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 181 | points | 15,176 | 2:53 PM | ||
| S&P500 | Up | 1.48% | percent | 1,636 | 23.84 | points | |
| Nasdaq Composite | Up | 1.32% | percent | 3,401 | 44.93 | points | |
| 30 Year Treasury | Down | (5) | Basis Points | 3.33 | Annual Yield | ||
| A story in the Wall Street Journal helped the markets. Reporter Jon Hilsenrath wrote the Fed is expected to reiterate its commitment to keeping short-term interest rates low until the unemployment rate falls to a target of 6.5%. The Fed has long made that point, but markets had begun to price in a shorter time horizon. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/treasurys-rise-shrugging-off-positive-us-data-2013-06-13?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | |||||||