Closing Market Report 12/8/2014

The KUIK Closing Market Report for Monday, December 8:
Markets started the week down.
Direction Change Units  Last Time Change
Dow Down                   (106) points           17,574 1:52 PM
S&P500 Down -0.7% percent             2,060     (15.06)
Nasdaq Composite Down -0.8% percent             4,741     (40.06)
30 Year Treasury Down                      (6) Basis Points               2.90 Annual Yield
The Commodity Futures Trading Commission has approved a ban on credit cards for funding  foreign exchange and futures accounts. The National Futures Association announced the CFTC approved the ban in a press release Friday. The rule will take effect at the end of January.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/cftc-bans-use-of-credit-cards-in-foreign-exchanges-2014-12-08
For today’s Closing Market Report click to listen->