Closing Market Report 6/16/2014

The KUIK Closing Market Report for Monday, June 16:
Markets ended up.
Direction Change Units  Last Time Change
Dow Up                       5 points           16,781 2:04 PM
S&P500 Up 0.1% percent             1,938        1.62
Nasdaq Composite Up 0.2% percent             4,321      10.45
30 Year Treasury Down                      (2) Basis Points               3.40 Annual Yield
General Motors issued recalls today affecting 3.3 million vehicles sold in the United States. Most involve faulty ignition switches in 3.16 million Buicks, Cadillacs, and Chevrolet, model years 2000 through 2014. GM said it expects $700 million to cover the costs, up from a previously announced $400 million.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/gm-issues-recalls-on-33-million-us-cars-2014-06-16?link=MW_Nav_NV
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