| The KUIK Closing Market Report for Tuesday, March 11: | |||||||
| Markets ended mixed. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (67) | points | 16,351 | 2:46 PM | ||
| S&P500 | Down | -0.51% | percent | 1,868 | (9.54) | ||
| Nasdaq Composite | Down | -0.63% | percent | 4,307 | (27.26) | ||
| 30 Year Treasury | Down | (2) | Basis Points | 3.71 | Annual Yield | ||
| Common stock of federally controlled mortgage buyers Fannie Mae and Freddie Mac were off more than 30% each. At 10 am eastern time, Bipartisan leaders of the Senate Banking Committee said they would soon release a draft bill that would wind down Fannie and Freddie, and reform the U.S. housing-finance system. Their shares fell several hours after that news broke. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/fannie-freddie-shares-plunge-more-than-30-2014-03-11 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||