Closing Market Report 10/5/2015

The KUIK Closing Market Report for Monday, October 5:
Markets were up.
Index Direction Change Units Index Time Change
Dow Up                    304 points         16,776 2:48 PM
S&P500 Up 1.8% percent           1,987      35.69
Nasdaq Composite Up 1.6% percent           4,781      73.49
30 Year Treasury Up                       7 Basis Points            2.90 Annual Yield
Treasury Secretary Jacob Lew will urge countries to “use all available policy tools” to boost global growth, according to a statement outlining the secretary’s trip to a conference of the International Monetary Fund and the World Bank in Peru this week.  The U.S. hopes to get more countries to implement the necessary fiscal and monetary policies to re-energize the global economy, which has fallen into the doldrums falling the drop in commodity prices and a slowdown in China.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/treasurys-jacob-lew-to-use-imfworld-bank-meeting-to-call-on-other-nations-to-boost-growth-2015-10-05
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