| The KUIK Closing Market Report for Monday, October 13: | |||||||
| Markets started the week down. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (233) | points | 16,321 | 1:24 PM | ||
| S&P500 | Down | -1.7% | percent | 1,875 | (31.39) | ||
| Nasdaq Composite | Down | -1.5% | percent | 4,214 | (62.58) | ||
| 30 Year Treasury | Down | (2) | Basis Points | 3.01 | Annual Yield | ||
| Cleveland Fed President Loretta Mester said today that only sustained strength in the dollar would dim her optimism about the U.S. economy. Mester predicts 3% growth over 2015 and 2016, putting her with the central bank optimists. She sees the unemployment rate falling to around 5.5% by the end of next year. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/mester-only-sustained-dollar-strength-could-dim-us-growth-2014-10-13 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||