Closing Market Report 10/10/2013

The KUIK Closing Market Report for Thursday, October 10:
Markets celebrated the start of debt ceiling negotiations.
Direction Change Units  Last  Time Change
Dow Up                    323 points           15,126 2:11 PM
S&P500 Up 2.18% percent             1,693      36.16
Nasdaq Composite Up 2.26% percent             3,761      82.97
30 Year Treasury Up                       2 Basis Points               3.74 Annual Yield
House Republican leaders proposed a six week extension of the nation’s debt ceiling with no strings attached.  The White House calls the idea “encouraging.”
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/stocks-rally-on-hope-for-budget-progress-2013-10-10?dist=afterbell
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