Closing Market Report 1/2/2014

The KUIK Closing Market Report for Thursday, January 2:
Markets ended down on the first trading day of 2014.
Direction Change Units  Last  Time Change
Dow Down                   (135) points           16,441 1:15 PM
S&P500 Down -0.89% percent             1,832     (16.38)
Nasdaq Composite Down -0.80% percent             4,143     (33.52)
30 Year Treasury Down                      (4) Basis Points               3.92 Annual Yield
Outlays for U.S. construction projects rose 1% in November, led by private projects, according to the Department of Commerce. Economists expected a 0.8% increase. Spending on residential construction rose 1.7%,  nonresidential construction 0.6%. Total private construction spending rose 2.2%, while public spending fell 1.8%.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/november-construction-spending-rises-1-2014-01-02
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