| The KUIK Closing Market Report for Wednesday, April 17: | |||||||
| Markets finished up. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (139) | points | 14,619 | 2:26 PM | ||
| S&P500 | Down | -1.43% | percent | 1,552 | (22.56) | points | |
| Nasdaq Composite | Down | -1.84% | percent | 3,205 | (59.96) | points | |
| 30 Year Treasury | Down | (2) | Basis Points | 2.89 | Annual Yield | ||
| Credit rating agency Moody’s Investors Service revised its methodology for analyzing municipal pension obligations and put the credit ratings of $12.5 billion in municipal securities under review for possible downgrade. Those cities under review include Chicago, Cincinnati, Minneapolis, Santa Fe, and Portland, Oregon. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/moodys-may-downgrade-125-billion-in-muni-debt-2013-04-17?link=MW_Nav_MA | |||||||
| For today’s Closing Market Report click to listen-> | |||||||
April 17, 2013