Closing Market Report 3/13/2014

The KUIK Closing Market Report for Thursday, March 13:
Markets had a big off day.
Direction Change Units  Last  Time Change
Dow Down                   (231) points           16,109 1:37 PM
S&P500 Down -1.17% percent             1,846     (21.86)
Nasdaq Composite Down -1.46% percent             4,260     (62.91)
30 Year Treasury Down                      (7) Basis Points               3.60 Annual Yield
Sen. Jack Reed of Rhode Island announced on his Twitter feed that a bipartisan deal has been reached to renew unemployment insurance benefits for five months. Benefits lapsed at the end of last year. Senate Majority Leader Harry Reid said earlier that a deal was getting close and he intended to have the Senate consider it after lawmakers return next week.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/sen-reed-says-unemployment-insurance-deal-reached-2014-03-13-1691162
For today’s Closing Market Report click to listen->