Closing Market Report 5/9/2014

The KUIK Closing Market Report for Friday, May 9:
Markets finished up.
Direction Change Units  Last Time Change
Dow Up                     32 points           16,583 1:40 PM
S&P500 Up 0.2% percent             1,878        2.85
Nasdaq Composite Up 0.5% percent             4,072      20.37
30 Year Treasury Up                       5 Basis Points               3.47 Annual Yield
Richard Fisher, the president of the Dallas Federal Reserve Bank, said Friday that he supports the central bank ending its bond- buying program in October with a final reduction of $15 billion. The Fed has been reducing the pace of its asset purchases by $10 billion per meeting this year.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/fed-takes-step-to-limit-size-of-biggest-banks-2014-05-08
For today’s Closing Market Report click to listen->