Closing Market Report 1/23/2014

The KUIK Closing Market Report for Thursday, January 23:
Markets had a big downer day.
Direction Change Units  Last  Time Change
Dow Down                   (176) points           16,197 2:42 PM
S&P500 Down -0.89% percent             1,828     (16.40)
Nasdaq Composite Down -0.57% percent             4,219     (24.13)
30 Year Treasury Down                      (8) Basis Points               3.68 Annual Yield
The White House announced President Obama will release his budget plan for next fiscal year on March 4, one month later than scheduled. The budget request for the year beginning Oct. 1 will be late because Congress just finished work on this year’s appropriations, according to the statement. The Congressional Budget Office said this week that it will release its annual budget outlook on Feb. 4. 
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/white-house-to-release-budget-on-march-4-2014-01-23
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