Closing Market Report 12/28/2012

The KUIK Closing Market Report for Friday, December 28:
Markets had a down day on Fiscal Cliff worries.
Direction Change Units  Last Time Change
Dow Down                   (158) points             12,938 1:14 PM
S&P500 Down -1.10% percent               1,402       (15.67) points
Nasdaq Composite Down -0.86% percent               2,960       (25.59) points
30 Year Treasury Up                       0 Basis Points               2.88 Annual Yield
Standard & Poor’s Ratings Services said that it does not expect the talks over the fiscal cliff to have any effect on its AA+ rating on the U.S. It had already lowered them in August 2011, citing “less stable, less effective, and less predictable” government.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/fiscal-cliff-will-not-change-us-rating-sp-2012-12-28?link=MW_Nav_NV
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3