Closing Market Report 3/7/2013

The KUIK Closing Market Report for Thursday, March 7:
Markets finished mixed
Direction Change Units  Last Time Change
Dow Up                     33 points             14,329 2:58 PM
S&P500 Up 0.18% percent               1,544        2.80 points
Nasdaq Composite Up 0.30% percent               3,232        9.72 points
30 Year Treasury Up                       5 Basis Points                 3.20 Annual Yield
The first part of a long-awaited two-stage stress test for big banks is in and all but one stayed above minimum financial ratios set out in the test.  Ally Financial majority owned by the government, was the only bank that failed to meet one of the key ratios.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/ally-only-bank-below-fed-standard-in-stress-test-2013-03-07-161035116
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3