| The KUIK Closing Market Report for Friday, December 6: | |||||||
| Markets had a big up day. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 199 | points | 16,020 | 2:43 PM | ||
| S&P500 | Up | 1.12% | percent | 1,805 | 20.06 | ||
| Nasdaq Composite | Up | 0.73% | percent | 4,063 | 29.36 | ||
| 30 Year Treasury | Up | 0 | Basis Points | 3.92 | Annual Yield | ||
| Bitcoin fell over 24% from its high today after Chinese Internet company Baidu said it would stop accepting the digital currency for service payments. The drop came a day after the People’s Bank of China said it would not consider bitcoin a real currency . The virtual currency has been increasingly linked to China. Bitcoin’s last trade on the Mt. Gox exchange was $877.46. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/bitcoin-price-plunges-on-baidu-payment-ban-2013-12-06?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | |||||||