The KUIK Closing Market Report for Monday, April 13: |
|
Markets were down. |
|
Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Down |
(81) |
points |
17,977 |
1:48 PM |
|
|
S&P500 |
Down |
-0.5% |
percent |
2,092 |
|
(9.63) |
|
Nasdaq Composite |
Down |
-0.2% |
percent |
4,988 |
|
(7.73) |
|
30 Year Treasury |
Unchanged |
– |
Basis Points |
2.58 |
Annual Yield |
|
|
|
The Treasury Department reports the U.S. government ran a budget deficit of $53 billion in March. That $16 billion more than March of 2014, and brings the deficit for the fiscal year to date to $439 billion. The federal government spent $287 billion in March, up 14% from a year ago. Total receipts were $234 billion, up 8% from March 2014. The government’s budget year runs from October through September. The Congressional Budget Office is predicting a full-year deficit of $486 billion, slightly more than last year’s. |
|
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
|
http://www.marketwatch.com/story/us-march-budget-deficit-rises-to-53-billion-2015-04-13-1491041 |
|
For today’s Closing Market Report click to listen-> |
|