| The KUIK Closing Market Report for Thursday, June 27: | |||||||
| Markets finished up today. | |||||||
| Direction | Change | Units | Last | Time | |||
| Dow | Up | 114 | points | 15,024 | 3:57 PM | ||
| S&P500 | Up | 0.62% | percent | 1,613 | |||
| Nasdaq Composite | Up | 0.76% | percent | 3,402 | |||
| 30 Year Treasury | Down | (3) | Basis Points | 3.55 | Annual Yield | ||
| Financial markets appear to have misunderstood Fed Chairman Ben Bernanke’s framework for slowing down asset purchases, said Dennis Lockhart, the president of the Atlanta Fed Bank today. Lockhart said he would be watching to see if there were any negative spillovers from the back up in long-term rates and the drop in equity prices into the real economy. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/feds-lockhart-says-markets-misheard-bernanke-2013-06-27 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||