Closing Market Report 11/7/2012

The KUIK Closing Market Report for Wednesday, November 7:
Markets had a big down day.
Direction Change Units  Last Time Change
Dow Down                   (313) points             12,933 2:04 PM
S&P500 Down -2.4% percent               1,395       (33.86) points
Nasdaq Composite Down -2.5% percent               2,937       (74.64) points
30 Year Treasury Down                      (9) Basis Points               2.82 Annual Yield
 While the rest of the market was tanking over fears of going off a fiscal cliff, hospital stocks soared as the re-election of President Obama is expected to keep them on firm   fiscal footing for another four years. HCA Holdings was up 9.5% after fears were eliminated that a Romney administration would undo Obamacare.
Serving the West   Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/market-dives-but-hospitals-rejoice-at-obama-win-2012-11-07?link=MW_latest_news
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
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