Closing Market Report 10/7/2013

The KUIK Closing Market Report for Monday, October 7:
Markets finished down.
Direction Change Units  Last  Time Change
Dow Down                   (136) points           14,936 2:45 PM
S&P500 Down -0.85% percent             1,676     (14.38)
Nasdaq Composite Down -0.98% percent             3,770     (37.38)
30 Year Treasury Down                      (3) Basis Points               3.70 Annual Yield
Consumer credit grew at 5.4%, or an annualized $13.63 billion in August, according to the Federal Reserve. Revolving debt like credit cards fell 1.25%, while nonrevolving debt like auto and student loans rose 8%. There’s $3.04 trillion in total consumer credit.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/us-consumer-credit-grows-54-in-august-2013-10-07
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