Closing Market Report 10/10/2014

The KUIK Closing Market Report for Friday, October 10:
Markets had another hard day.
Direction Change Units  Last Time Change
Dow Down                   (115) points           16,544 1:35 PM
S&P500 Down -1.2% percent             1,906     (40.68)
Nasdaq Composite Down -2.3% percent             4,276     (90.26)
30 Year Treasury Down                      (3) Basis Points               3.04 Annual Yield
Regulators are close to solving the problem of too-big-to-fail financial institutions, according to J.P. Morgan Chase chairman and CEO Jamie Dimon. At a forum sponsored by the Institute of International Finance, he said regulators will not look to the growing shadow banking sector.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/jp-morgans-dimon-regulators-close-to-solving-too-big-to-fail-2014-10-10
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