The KUIK Closing Market Report for Wednesday, March 4: |
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Markets were down. |
|
Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Down |
(106) |
points |
18,096 |
2:34 PM |
|
|
S&P500 |
Down |
-0.4% |
percent |
2,099 |
|
(9.25) |
|
Nasdaq Composite |
Down |
-0.3% |
percent |
4,967 |
|
(12.76) |
|
30 Year Treasury |
Up |
1 |
Basis Points |
2.72 |
Annual Yield |
|
|
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The Congressional Budget Office reported the Treasury Department will exhaust its borrowing capacity in October or November if the debt limit isn’t raised. The debt limit is suspended until March 15. After that extraordinary measures available to the Treasury to keep borrowing include deferring new investments in federal retirement and disability funds. |
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Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/cbo-us-will-hit-debt-limit-in-october-or-november-2015-03-03 |
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For today’s Closing Market Report click to listen-> |
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