Closing Market Report 2/22/2013

Markets finished had a big down day.
Direction Change Units  Last Time Change
Dow Up                    120 points             14,001 2:21 PM
S&P500 Up 0.88% percent               1,516      13.18 points
Nasdaq Composite Up 0.97% percent               3,162      30.33 points
30 Year Treasury Down                      (1) Basis Points               3.16 Annual Yield
Moody’s Investor Servicecut its triple-A rating on the United Kingdom because of a weak growth outlook and the country’s rising debt burden. Moody’s lowered its rating on the U.K.’s domestic and foreign-currency government bond ratings by one notch to Aa1 from Aaa. The outlook is stable.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/moodys-cuts-uk-aaa-rating-by-one-notch-2013-02-22?dist=afterbell
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3