Closing Market Report 1/26/2015

January 26, 2015
The KUIK Closing Market Report for Monday, January 26:
Markets were up.
Direction Change Units  Last Time Change
Dow Up                       6 points           17,679 1:53 PM
S&P500 Up 0.3% percent             2,057        5.27
Nasdaq Composite Up 0.3% percent             4,772      13.89
30 Year Treasury Up                       0 Basis Points               2.40 Annual Yield
The federal government will run a budget deficit of $468 billion in fiscal 2015, according to the Congressional Budget Office. That’s 2.6% of gross domestic product, and slightly less than the fiscal 2014 deficit of $483 billion. Deficits will begin to rise in fiscal 2017, as the government spends more on Social Security, Medicare, and debt payments.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/budget-deficit-will-hit-obama-era-low-of-468-billion-in-2015-cbo-forecasts-2015-01-26
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