The KUIK Closing Market Report for Thursday, January 8: |
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Markets had a big up day. |
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Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Up |
305 |
points |
17,890 |
10:25 AM |
|
|
S&P500 |
Up |
1.7% |
percent |
2,061 |
|
35.23 |
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Nasdaq Composite |
Up |
1.9% |
percent |
4,738 |
|
87.74 |
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30 Year Treasury |
Up |
8 |
Basis Points |
2.60 |
Annual Yield |
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|
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Former Federal Reserve Chairman Paul Volcker criticized Congress’ attempt to delay provisions of the Dodd-Frank law rule. Yesterday, the House of Representatives voted down a bill that would have delayed a provision of the Volcker rule that would have given banks until 2019 to comply with rules regarding high risk collateralized loan obligations. |
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Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/volcker-criticizes-congress-attempt-to-weaken-dodd-frank-2015-01-08 |
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For today’s Closing Market Report click to listen-> |
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