Closing Market Report 10/17/2014

The KUIK Closing Market Report for Friday, October 17:
Markets had a big up day.
Direction Change Units  Last Time Change
Dow Up                    263 points           16,380 1:05 PM
S&P500 Up 1.3% percent             1,887      24.01
Nasdaq Composite Up 1.0% percent             4,258      41.05
30 Year Treasury Up                       3 Basis Points               2.97 Annual Yield
In an effort to combat identify theft, President Obama today signed an executive order requiring government-issued credit cards to use  “chip-and-pin” technology, it’s used in Europe and has better security than the credit cards commonly used in the U.S. The order will also have the Federal Trade Commission create a one-stop source for identity-theft victims and allow investigators to share information with companies of customers who’ve been harmed.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/obama-orders-feds-to-adopt-credit-card-technology-limiting-identity-theft-2014-10-17
For today’s Closing Market Report click to listen->