Closing Market Report 10/20/2015

The KUIK Closing Market Report for Wednesday, October 21:
Markets were down.
Index Direction Change Units Index Time Change
Dow Down                    (49) points         17,169 2:38 PM
S&P500 Down -0.6% percent           2,019     (11.83)
Nasdaq Composite Down -0.8% percent           4,840     (40.85)
30 Year Treasury Down                      (5) Basis Points            2.87 Annual Yield
The Internal Revenue Service today announced provisions for equal treatment under the tax code for same-sex and opposite-sex married couples. The regulations would interpret the terms “husband” and “wife” to include same-sex spouses. The rules apply for all federal tax provisions where marriage is a factor, including filing status, dependency exemptions, standard deductions, and child tax credit, and will not treat civil unions as marriage for federal tax purposes.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/irs-proposes-tax-rules-for-same-sex-married-couples-2015-10-21
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