Closing Market Report 12/12/2012

The KUIK Closing Market Report for Wednesday, December 12:
Markets finished up.
Direction Change Units  Last Time Change
Dow Up                      (3) points             13,245 3:06 PM
S&P500 Up 0.04% percent               1,428        0.64 points
Nasdaq Composite Down -0.28% percent               3,014         (8.49) points
30 Year Treasury Up                       6 Basis Points               2.90 Annual Yield
The Federal Reserve doesn’t expect to hit its just-established unemployment threshold for hiking interest rates until 2015, according to a summary of the central bank’s latest projections. The Fed sees the jobless rate falling to a range between 6% and 6.6% by 2015, compared to 7.7% in November.
Serving the West   Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://stream.marketwatch.com/story/live-coverage-of-the-fed-decision-and-bernanke-press-conference/SS-4-17483/SS-4-17573/?mod=mw_streaming_live-coverage-of-the-fed-decision-and-bernanke-press-conference
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
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