Closing Market Report 10/25/2013

The KUIK Closing Market Report for Friday, October 25:
Markets finished up.
Direction Change Units  Last  Time Change
Dow Up                     61 points           15,570 2:45 PM
S&P500 Up 0.4% percent             1,760        7.70
Nasdaq Composite Up 0.4% percent             3,943      14.40
30 Year Treasury Down                      (2) Basis Points               3.59 Annual Yield
The Federal Housing Finance Administration which regulates Fannie Mae and Freddie Mac announced today that it has reached $5.1 billion in settlements with J.P. Morgan Chase over loans purchased during the housing bubble–4 billion four loans and 1.1 billion over warranty claims.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/jp-morgan-to-pay-51b-to-settle-housing-claims-2013-10-25
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