Closing Market Report 10/14/2015

The KUIK Closing Market Report for Wednesday, October 14:
Markets were down.
Index Direction Change Units Index Time Change
Dow Down                   (157) points         16,925 2:54 PM
S&P500 Down -0.5% percent           1,994       (9.45)
Nasdaq Composite Down -0.3% percent           4,783     (13.76)
30 Year Treasury Down                      (6) Basis Points            2.84 Annual Yield
U.S. wholesale prices fell a seasonally adjusted 0.5% in September, largely because of the biggest drop in gasoline since January. Economists expected only a  0.2% decrease. Excluding the volatile categories of food, energy and trade, core prices dipped 0.3%, accoring to the Labor Department. The price of goods sank 1.2% while services declined 0.4%. Over the past year overall producer prices have fallen an unadjusted 1.1%, and the year-over-year increase has been negative for eight straight months.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/us-producer-prices-fall-05-in-september-on-cheaper-gas-2015-10-14
For today’s Closing Market Report click to listen->