Closing Market Report 7/25/2013

The KUIK Closing Market Report for Saturday, July 26:
Markets finished down.
Direction Change Units  Last Time Change
Dow Down                   (123) points           16,961 7:49 AM
S&P500 Down -0.5% percent             1,978       (9.64)
Nasdaq Composite Down -0.5% percent             4,450     (22.54)
30 Year Treasury Down                      (6) Basis Points               3.24 Annual Yield
Cynk sank. Shares of Cynk technology, which trades over-the-counter, closed at $13.90 on July 10, after soaring about 23,000% since June 16. The SEC halted trading of the social network’s stock as of July 11, because of “ potentially manipulative transactions.  Shares traded today after the 10 day SEC hold ending down 85% to $2.05 a share.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/how-low-can-cynk-go-2014-07-25?dist=countdown
For today’s Closing Market Report click to listen->