| The KUIK Closing Market Report for Friday, March 14: | |||||||
| Markets ended down. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (43) | points | 16,066 | 2:09 PM | ||
| S&P500 | Down | -0.28% | percent | 1,841 | (5.21) | ||
| Nasdaq Composite | Down | -0.35% | percent | 4,245 | (15.02) | ||
| 30 Year Treasury | Down | (1) | Basis Points | 3.59 | Annual Yield | ||
| The Federal Deposit Insurance Corporation filed a lawsuit against 16 of the world’s biggest banks today in federal district court in New York, accussing them of conspiring to manipulate LIBOR, the London Interbank Offered Rate. Among the banks named as defendants were Bank of America, Citigroup , and J.P. Morgan Chase. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/fdic-sues-16-banks-for-rigging-libor-report-2014-03-14-1491365 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||