Closing Market Report 8/28/2013

The KUIK Closing Market Report for Wednesday, August 28:
Markets finished up.
Direction Change Units  Last  Time Change
Dow Up                     48 points           14,825 2:20 PM
S&P500 Up 0.27% percent             1,635        4.48
Nasdaq Composite Up 0.41% percent             3,593      14.83
30 Year Treasury Up                       5 Basis Points               3.75 Annual Yield
Marketwatch reports federal prosecutors have charged seven people from the Pensacola, Florida, area for fraud.  U.S. Attorney Pamela Marsh said that five of those people falsely inflated their reported income from jobs at Hooters of Pensacola Beach and submitted fraudulent claims to the Gulf Coast Claims Facility for lost income due to the 2010 spill. Remember, give a hoot, don’t pollute.
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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