Closing Market Report 12/10/2014

The KUIK Closing Market Report for Wednesday, December 10:
Markets had a big down day.
Direction Change Units  Last Time Change
Dow Down                   (268) points           17,574 2:43 PM
S&P500 Down -1.6% percent             2,026     (33.68)
Nasdaq Composite Down -1.7% percent             4,684     (82.44)
30 Year Treasury Down                      (4) Basis Points               2.84 Annual Yield
The Treasury Department reported the federal government’s budget deficit for the month of November was $57 billion, 58% less than November 2013.  The government spent $248 billion, down 22% and receipts were $191 billion, a 5% increase. The deficit was also impacted by the timing of some transactions.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/us-november-budget-deficit-shrinks-to-57-billion-treasury-2014-12-10-1491026
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