| The KUIK Closing Market Report for Monday, June 9: | |||||||
| Markets ended up. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 19 | points | 16,943 | 1:41 PM | ||
| S&P500 | Up | 0.1% | percent | 1,951 | 1.83 | ||
| Nasdaq Composite | Up | 0.3% | percent | 4,336 | 14.84 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 3.45 | Annual Yield | ||
| The Federal Reserve should not hike short-term interest rates until the economy is “within one year” of reaching the central bank’s two goals of full employment and 2% annual inflation, according to Eric Rosengren, the president of the Boston Fed. Rosengren, who is not a voting member of the Fed committee this year, defines full employement as unemployment at or below 5.25%. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/feds-rosengren-no-rate-hike-until-goals-closer-2014-06-09-13913012 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||