Closing Market Report 2/28/2013

The KUIK Closing Market Report for Thursday, February 28:
Markets finished down slightly
Direction Change Units  Last Time Change
Dow Down                    (21) points             14,054 3:11 PM
S&P500 Down -0.09% percent               1,515         (1.31) points
Nasdaq Composite Down -0.07% percent               3,160         (2.07) points
30 Year Treasury Down                      (1) Basis Points               3.09 Annual Yield
 Automatic federal budget cuts of $85 billion looked certain to kick in Friday after a pair of bills one Democratic and one Republican that would have replaced them both failed in the Senate today.
Serving the West   Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/sequester-cuts-near-as-senate-bills-fail-2013-02-28?dist=tbeforebell
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3