Closing Market Report 12/19/2012

The KUIK Closing Market Report for Wednesday, December 19:
It markets ended down today.
Direction Change Units  Last Time Change
Dow Down                    (99) points             13,252 1:42 PM
S&P500 Down -0.76% percent               1,436       (10.98) points
Nasdaq Composite Down -0.33% percent               3,044       (10.17) points
30 Year Treasury Down                      (3) Basis Points               2.98 Annual Yield
 U.S. stocks fell off a cliff after a two-session rally as negotiations to avoid deep spending cuts and tax hikes seemed to hit a rocky spot. President Barack Obama told a news conference   that Republicans find it “very hard” to say yes to him, while a spokesman for House Speaker John Boehner called the White House “irrational.”
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/stocks-lose-gains-on-white-house-cliff-talks-2012-12-19?dist=afterbell
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3