Closing Market Report 4/14/2014

The KUIK Closing Market Report for Monday, April 14:
Market were up.
Direction Change Units  Last  Time Change
Dow Up                    146 points           16,173 1:44 PM
S&P500 Up 0.82% percent             1,831      14.92
Nasdaq Composite Up 0.57% percent             4,023      22.96
30 Year Treasury Up                       1 Basis Points               3.48 Annual Yield
The Congressional Budget Office cut its estimate of the deficit for the current fiscal year, but warned that the era of shrinking shortfalls “will soon come to an end” if current laws don’t change.  It updated its budget projections for 2014 to 2024, and said the deficit for fiscal 2014 would be $492 billion. That’s $23 billion less than was estimated in February, and would represent 2.8% of gross domestic product.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/cbo-says-declining-deficit-picture-wont-last-2014-04-14
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