Closing Market Report 1/5/2015

The KUIK Closing Market Report for Monday, January 5:
Markets had a big down day.
Direction Change Units  Last Time Change
Dow Down                   (331) points           17,502 1:14 PM
S&P500 Down -1.8% percent             2,021     (37.62)
Nasdaq Composite Down -1.6% percent             4,653     (74.24)
30 Year Treasury Down                      (9) Basis Points               2.61 Annual Yield
The Keystone XL pipeline is heading for a new debate in Congress this week. A bill approving its construction has a good chance of landing on President Obama’s desk. The new, Republican-controlled Congress opens tomorrow, and  Senator John Hoeven of North Dakota will introduce file a bill authorizing the project, which will oil from tar sands in Alberta, Canada to U.S. refineries.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/new-congress-set-to-move-quickly-on-keystone-pipeline-bill-2015-01-05
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