Market Update Report 1/24/2014

The KUIK Market Update for Friday, January 24:
It’s another down day in the market.
Index Direction Change Units Last Time Change
Dow Down                   (152) points           16,047 8:04 AM
S&P500 Down -1.06% percent             1,809           (19.45)
Nasdaq Composite Down -1.22% percent             4,167           (51.45)
30 Year Treasury Down                      (2) Basis Points               3.66 Annual Yield
The Federal Bureau of Investigation has warned U.S. retailers to brace for more hacking attacks via a confidential three-page report, according to  Reuters . Distributed to retailers last week, the report describes risks of “memory parsing” malware that infects point-of-salesystems, such as cash registers and card-swiping machines used by retailers.  Check your statetments.
This year is set to be another volatile one for gasoline, with higher pump prices likely in the next several weeks.  The average U.S. price for regular gasoline fell in 2013 from the year before, and experts predict that prices are likely to fall again this year.  Reasons given for the decline include less demand because of  greater vehicle efficiency,  a behavioral change in the U.S. consumer, and a revival in U.S. crude production, with output now at a 25-year high and still climbing.  Prices are likely to climb in coming weeks because of the refinery maintenance period that cuts production.
Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/fbi-warns-retailers-of-more-cyber-attacks-report-2014-01-24?dist=markets
http://www.marketwatch.com/story/gasoline-prices-set-to-rise-next-month-fall-for-year-2014-01-24
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