| The KUIK Closing Market Report for Wednesday, January 28: | |||||||
| Markets were down. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | (196) | points | 17,191 | 2:30 PM | ||
| S&P500 | Down | -1.4% | percent | 2,002 | (27.39) | ||
| Nasdaq Composite | Down | -0.9% | percent | 4,638 | (43.50) | ||
| 30 Year Treasury | Down | (11) | Basis Points | 2.29 | Annual Yield | ||
| The Federal Reserve gave no sign today that it is wavering on hiking interest rates later this year, despite volatility in global markets and some recent disappointing economic data. In its press release after its two-day meeting, the Fed was upbeat about the real economy, citing solid growth and strong job gains and expressing no concerna with the global economic outlook. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/fed-more-upbeat-on-economy-as-midyear-rate-hikes-still-in-play-2015-01-28 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||