Closing Market Report 7/11/2014

The KUIK Closing Market Report for Friday, July 11:
Markets ended the day with gains.
Direction Change Units  Last Time Change
Dow Up                     29 points           16,944 1:57 PM
S&P500 Up 0.2% percent             1,968        2.89
Nasdaq Composite Up 0.4% percent             4,415      19.29
30 Year Treasury Down                      (2) Basis Points               3.34 Annual Yield
Amazon is testing drones. The Seattle company asked the FAA for an exemption from the agency’s ban on the commercial use of unmanned aircraft so Amazon can test its drones near its headquarters. In its request, Amazon says that it would limit its use of drones to “a confined area over isolated Amazon private property,” away from airports, densely populated areas and military installations.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/amazon-asks-faa-for-permission-to-fly-drones-2014-07-11?dist=afterbell
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