| The KUIK Closing Market Report for Wednesday, December 11: | |||||||
| Markets were down today. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (130) | points | 15,844 | 2:55 PM | ||
| S&P500 | Down | -1.13% | percent | 1,782 | (20.40) | ||
| Nasdaq Composite | Down | -1.40% | percent | 4,004 | (56.68) | ||
| 30 Year Treasury | Up | 5 | Basis Points | 3.88 | Annual Yield | ||
| Investors focused on the U.S. budget deal announced yesterday. It gives the Fed another reason to taper its $85 billion dollar a month in bond purchases at its December 18 policy meeting. The lack of a budget agreement could have triggered another government shutdown, and the Fed’s reaction would have meant a later tapering,. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/stocks-under-pressure-as-street-assesses-budget-deal-2013-12-11?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | |||||||