Closing Market Report 10/23/2012

The KUIK Closing Market Report for Tuesday, October 23:
Markets finished down today.
Direction Change Units  Last Time Change
Dow Down                   (243) points             13,103 1:30 PM
S&P500 Down -1.4% percent               1,413       (20.71) points
Nasdaq Composite Down -0.9% percent               2,990       (26.50) points
30 Year Treasury Down                      (3) Basis Points               2.92 Annual Yield
The New York Court of Appeals in Albany today upheld a lower court’s ruling that Nite Moves, an adult “juice bar” in Latham, New York, didn’t prove its stage and couch dances merited a state arts exemption as a musical arts performances.  Moral–choose your deductions carefully.
Serving the West   Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.bloomberg.com/news/2012-10-23/strip-club-fees-aren-t-tax-exempt-n-y-top-court-rules.html
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
Short Link>