Closing Market Report 3/13/2015

The KUIK Closing Market Report for Friday, March 13:
Markets were down
Index Direction Change Units Index Time Change
Dow Down                   (146) points           17,749 2:44 PM
S&P500 Down -0.6% percent             2,053      11.76
Nasdaq Composite Down -0.4% percent             4,872      22.36
30 Year Treasury Up                       2 Basis Points               2.70 Annual Yield
The U.S. debt limit goes into effect Monday after a one-year suspension, with a ceiling of around $18 trillion. The Treasury can fund the government until October through extraordinary measures, according to Congressional Budget Office estimates. And the Bipartisan Policy Center in a new report says hittiig in the debt limit could be put off until the end of the December. Senate Majority Leader Republican Mitch McConnell of Kentucky, has said he won’t let the government default or shut down.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/us-debt-limit-rears-head-again-but-fear-not-2015-03-13
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