Closing Market Report 10/15/2014

The KUIK Closing Market Report for Wednesday, October 15:
Markets end down but up off their lows.
Direction Change Units  Last Time Change
Dow Down                   (173) points           16,142 2:19 PM
S&P500 Up -0.8% percent             1,862        2.96
Nasdaq Composite Up -0.3% percent             4,215      13.52
30 Year Treasury Down                      (8) Basis Points               2.82 Annual Yield
The Commerce Department reported US retail sales fell in September for the first time in eight months down a seasonally adjusted 0.3%, mainly because of lower purchases of cars, trucks, and gasoline, but helped by the new Iphone.  Sales at electronics stores jumped 3.4% for the biggest gain in 18 months.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/retail-sales-fall-for-first-time-since-january-2014-10-15
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