| The KUIK Closing Market Report for Tuesday, September 24: | |||||||
| Markets finished mixed. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (67) | points | 15,335 | 1:48 PM | ||
| S&P500 | Down | -0.26% | percent | 1,697 | (4.42) | ||
| Nasdaq Composite | Up | 0.08% | percent | 3,768 | 2.97 | ||
| 30 Year Treasury | Down | (7) | Basis Points | 3.67 | Annual Yield | ||
| U.S. government failing to raise the debt limit would be more-negative for financial markets and the economy than a government shutdown, according to Moody’s Investors Service. Congress has until Sept. 30 to pass a federal budget, or else the government will shut down and U.S. Treasury will hit its $16.7 trillion borrowing limit in mid-October, unless legislators move to raise the debt ceiling. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/moodys-warns-of-risk-from-us-debt-ceiling-2013-09-24 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||