| The KUIK Closing Market Report for Thursday, October 31: | |||||||
| Markets finished down. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (73) | points | 15,546 | 2:53 PM | ||
| S&P500 | Down | -0.4% | percent | – | (6.77) | ||
| Nasdaq Composite | Down | -0.3% | percent | 3,920 | (10.91) | ||
| 30 Year Treasury | Down | (0) | Basis Points | 3.63 | Annual Yield | ||
| President Obama’s choice to run the Federal Housing Finance Agency which supervises Fannie Mae and Freddie Mac failed vote in the Senate. Rep. Mel Watt, a North Carolina Democrat, garnered 56 yes votes, four short of the 60 needed to advance his nomination. Republicans have opposed Watt’s nomination, saying a candidate with more experience in housing-finance markets should lead the regulator. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/fhfa-nominee-watt-fails-senate-test-vote-2013-10-31-12914128 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||