The KUIK Closing Market Report for Wednesday, September 17: |
Markets were up. |
Direction |
Change |
Units |
Last |
Time |
Change |
Dow |
Up |
25 |
points |
17,157 |
2:18 PM |
S&P500 |
Up |
0.1% |
percent |
2,002 |
2.59 |
Nasdaq Composite |
Up |
0.2% |
percent |
4,562 |
9.43 |
30 Year Treasury |
Up |
1 |
Basis Points |
3.36 |
Annual Yield |
The Federal Reserve today repeated that interest rates are likely to stay low for a “considerable time” after it ends its bond-buying program in October, but the central bank also took concrete steps to prepare for an increase some time in 2015. but the vote to stick to its current go-slow approach on raising interest rates drew two dissents, the first time that’s happened since Janet Yellen took over as chairman last February. |
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
http://www.marketwatch.com/story/fed-says-it-will-be-considerable-time-before-rates-are-lifted-2014-09-17?dist=afterbell |
For today’s Closing Market Report click to listen-> |
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