Closing Market Report 4/17/2013

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->