Closing Market Report 12/16/2016

The KUIK Closing Market Report for Friday, December 16:
 
Markets were down.
 
Index Direction Change Units Index Time Change  
Dow Down                      (9) points         19,843 1:14 PM    
S&P500 Down -0.2% percent           2,258         (3.96)  
Nasdaq Composite Down -0.4% percent           5,437       (19.69)  
30 Year Treasury Up                       4 Basis Points            3.18 Annual Yield    
 
Stocks fell after he U.S. on Friday demanded the return of a underwater survey drone it says was snatched by a Chinese navy vessel shadowing a U.S. Navy oceanographic survey ship in the South China Sea. The drone is an “underwater glider” and worth about $150,000. The Pentagon said it was not on a classified mission but was collecting data on the ocean floor along with  water salinity, temperature, and current flow,
 
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
 
http://www.marketwatch.com/story/us-demands-return-of-survey-drone-taken-by-chinese-2016-12-16
 
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