Closing Market Report 3/17/2014

The KUIK Closing Market Report for Monday, March 17:
Markets had a big up day.
Direction Change Units  Last  Time Change
Dow Up                    181 points           16,247 2:00 PM
S&P500 Up 0.96% percent             1,859      17.70
Nasdaq Composite Up 0.81% percent             4,280      34.55
30 Year Treasury Up                       4 Basis Points               3.63 Annual Yield
Inflation-adjusted federal tax revenues hit a record $1,104,947,000,000 in the first five months of fiscal 2014, but the federal government still ran a $377,379,000,000 deficit during that time, according to the Monthly Treasury Statement for February.  In constant 2014 dollars that was $90,193,750,000 more than it collected in the first five months of fiscal 2013.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://cnsnews.com/news/article/ali-meyer/tax-revenues-hit-record-first-5-months-fy14-5-month-deficit-still-377b
For today’s Closing Market Report click to listen->