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. |
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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 |
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For today’s Closing Market Report click to listen-> |
https://beaconrwa.com/audio/Closing-Market-Report.mp3 |
Short Link> |
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