| The KUIK Closing Market Report for Wednesday, September 18: | |||||||
| Markets had a big up day on the Fed. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 147 | points | 15,677 | 1:56 PM | ||
| S&P500 | Up | 1.22% | percent | 1,726 | 20.76 | ||
| Nasdaq Composite | Up | 1.01% | percent | 3,784 | 37.94 | ||
| 30 Year Treasury | Down | (9) | Basis Points | 3.76 | Annual Yield | ||
| The Septaper failed to appear. In a surprise move, the Federal Reserve stuck to its massive bond-buying strategy, citing softer U.S. growth. By a 9-to-1 vote, the Fed chose to keep buying $85 billion a month in debt and said it would wait for more evidence of economic progress. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/in-surprise-fed-decides-not-to-taper-2013-09-18?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | |||||||