The KUIK Closing Market Report for Friday, January 3: |
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Markets finished mixed. |
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|
Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Up |
29 |
points |
16,470 |
2:19 PM |
|
|
S&P500 |
Down |
-0.03% |
percent |
1,831 |
|
(0.61) |
|
Nasdaq Composite |
Down |
-0.27% |
percent |
4,132 |
|
(11.16) |
|
30 Year Treasury |
Up |
1 |
Basis Points |
3.93 |
Annual Yield |
|
|
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Federal Reserve Chairman Ben Bernanke defended his eight year record as Chairman of the Federal Reserve to American Economic Association today in Philadelphia. He said that without near-zero interest rates, new communication methods, and unconventional bond purchases, the economy may have stagnated or even fallen back into recession. |
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Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/bernanke-defends-record-as-he-forecasts-growth-2014-01-03 |
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For today’s Closing Market Report click to listen-> |
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