Closing Market Report 10/16/2013

The KUIK Closing Market Report for Wednesday, October 16:
Markets had a big up day.
Direction Change Units  Last  Time Change
Dow Up                    206 points           15,374 1:11 PM
S&P500 Up 1.38% percent             1,722      23.48
Nasdaq Composite Up 1.20% percent             3,839      45.42
30 Year Treasury Down                      (5) Basis Points               3.72 Annual Yield
Senate leaders announced a deal today to reopen the government and raise the nation’s borrowing limit one day before hitting the debt ceiling. Speaking on the Senate floor, Majority Leader Harry Reid and Minority Leader Mitch McConnell outlined the agreement, struck after a competing House plan blew up list night.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/congress-races-to-finish-fiscal-deal-2013-10-16?dist=afterbell
For today’s Closing Market Report click to listen->