Closing Market Report 8/26/2013

The KUIK Closing Market Report for Monday, August 26:
Markets finished down.
Direction Change Units  Last  Time Change
Dow Down                    (65) points           14,946 2:02 PM
S&P500 Down -0.40% percent             1,657       (6.72)
Nasdaq Composite Down -0.01% percent             3,658       (0.22)
30 Year Treasury Down                      (1) Basis Points               3.78 Annual Yield
The U.S. government will hit the debt ceiling and be unable to borrow money to pay its bills in the middle of October unless Congress votes to increase the federal debt ceiling, according to Treasury Secretary Jacob Lew in a letter today. to House Speaker John Boehner.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/feds-bullard-wants-15-inflation-floor-2013-08-23
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