Closing Market Report 1/8/2015

The KUIK Closing Market Report for Thursday, January 8:
Markets had a big up day.
Direction Change Units  Last Time Change
Dow Up                    305 points           17,890 10:25 AM
S&P500 Up 1.7% percent             2,061      35.23
Nasdaq Composite Up 1.9% percent             4,738      87.74
30 Year Treasury Up                       8 Basis Points               2.60 Annual Yield
Former Federal Reserve Chairman Paul Volcker criticized Congress’ attempt to delay provisions of the Dodd-Frank law rule.  Yesterday, the House of Representatives voted down a bill that would have delayed a provision of the Volcker rule that would have given banks until 2019 to comply with rules regarding high risk collateralized loan obligations.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/volcker-criticizes-congress-attempt-to-weaken-dodd-frank-2015-01-08
For today’s Closing Market Report click to listen->