Closing Market Report 1/7/2013

The KUIK Closing Market Report for Monday, January 7:
Markets ended down.
Direction Change Units  Last Time Change
Dow Down                      (51) points             13,384 2:10 PM
S&P500 Down -0.3% percent               1,462              (5) points
Nasdaq Composite Down -0.1% percent               3,102              (3) points
30 Year Treasury Down                      (1) Basis Points                 3.10 Annual Yield
Federal regulators on Monday reached an $8.5 billion settlement with ten of the biggest banks over foreclosure abuses stemming from robo-signing.  The deal is expected to help more than 3.8 million borrowers.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/banks-in-85-bln-foreclosure-abuse-settlement-2013-01-07
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3