Closing Market Report 3/1/2013

The KUIK Closing Market Report for Friday, March 1:
Markets finished up.
Direction Change Units  Last Time Change
Dow Up                     35 points             14,090 1:24 PM
S&P500 Up 0.23% percent               1,518        3.52 points
Nasdaq Composite Up 0.30% percent               3,170        9.55 points
30 Year Treasury Down                      (3) Basis Points               3.07 Annual Yield
There was no deal to avert the sequester after President Obama and congressional leaders met. $85 billion in across-the-board spending cuts take effect today. House Speaker John Boehner stuck by his pledge not to raise taxes and said it’s time to cut spending.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/no-deal-after-white-house-sequester-meeting-2013-03-01
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3