| The KUIK Closing Market Report for Friday, February 28: | |||||||
| Markets ended mixed. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 49 | points | 16,322 | 1:30 PM | ||
| S&P500 | Up | 0.28% | percent | 1,859 | 5.16 | ||
| Nasdaq Composite | Down | -0.25% | percent | 4,308 | (10.81) | ||
| 30 Year Treasury | Down | (0) | Basis Points | 3.59 | Annual Yield | ||
| The rapid growth of bond funds as well as other “similar vehicles,” bears “careful watching” for signs of financial instability, said Federal Reserve Governor Jeremy Stein, today. It would be a mistake to be “complacent” simply because such funds are “unlevered,” Stein said at a forum on monetary policy sponsored by the University of Chicago Booth School of Business | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/feds-stein-bond-funds-can-be-risk-to-stability-2014-02-28 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||