Closing Market Report 8/21/2013

The KUIK Closing Market Report for Wednesday, August 21:
Markets finished down.
Direction Change Units  Last  Time Change
Dow Down                   (105) points           14,898 2:42 PM
S&P500 Down -0.58% percent             1,643       (9.55)
Nasdaq Composite Down -0.38% percent             3,600     (13.80)
30 Year Treasury Up                       3 Basis Points               3.88 Annual Yield
 Federal Reserve officials agreed with Chairman Ben Bernanke’s view that the economy will pick up later this year and allow the central bank to taper its asset purchase plan before the end of the year, according to the minutes of the July 31 Fed meeting released today but they did not say when the move might come. 
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/oil-futures-suffer-steep-loss-on-expiration-day-2013-08-20?dist=markets
For today’s Closing Market Report click to listen->