| The KUIK Closing Market Report for Monday, October 1: | |||||||
| Markets finished mixed. | |||||||
| Direction | Change | Units | Last | Time | |||
| Dow | Up | 78 | points | 13,515 | 1:22 PM | ||
| S&P500 | Up | 0.3% | percent | 1,444 | |||
| Nasdaq Composite | Down | -0.1% | percent | 3,114 | |||
| 30 Year Treasury | Unchanged | – | basis points | 3.03 | |||
| In a speech to the Economic Club of Indiana, Fed Chairman Ben Beranke defended the latest round of bond purchases known as QE3. With short-term rates nearly zero, the Fed is trying to bring down long term rates more directly while controlling inflation. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/bernanke-takes-on-critics-of-qe3-2012-10-01-121033349?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||