Morning Market Report 9/21/2015 | Beacon Rock Wealth Advisors

The KUIK Morning Market Report for Monday, September 21:

Markets are up.

Index	Direction	Change	Units		Time	Change
Dow	Up	132	points	16,514	6:56 AM
S&P500	Up	0.7%	percent	1,971		13.42
Nasdaq Composite	Up	0.7%	percent	4,861		33.61
30 Year Treasury	Up	6	Basis Points	2.99	Annual Yield

The Stoxx Europe 600 index rose 0.2% to 355.54, after closing with its largest one-day loss since September 4 last Friday. The drop came after the U.S. Federal Reserve cited concerns about a slowdown in the global economy in its decision to keep interest rates at a record low.

Shares of Volkswagen fell 18% after the German car maker halted U.S. sales of diesel cars and issued an apology for violating customers’ trust. On Friday, the U.S. Environmental Protection Agency and the California Air Resources Board alleged that Volkswagen used software, dubbed a “defeat device,” in the cars to make diesel-powered engines appear to have lower levels of emissions than they actually did. About 482,000 cars are affected that have the four-cylinder 2.0-liter turbo direct injection engine is commonly found in Passat, Jetta, Golf, Beetle, and in Audi’s A3. The company has halted sale of all 2015 and 2016 models containing the engine. The EPA investigation affects cars sold since 2008.





Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.

http://www.marketwatch.com/story/european-stocks-rebound-from-worst-drop-in-two-weeks-2015-09-21
http://www.marketwatch.com/story/volkswagen-halts-us-sales-of-certain-diesel-cars-2015-09-21



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