The KUIK Closing Market Report for Friday, March 8: |
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Markets finished mixed |
|
|
Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Up |
68 |
points |
14,397 |
2:05 PM |
|
|
S&P500 |
Up |
0.45% |
percent |
1,551 |
|
6.92 |
points |
Nasdaq Composite |
Up |
0.38% |
percent |
3,244 |
|
12.28 |
points |
30 Year Treasury |
Up |
5 |
Basis Points |
3.26 |
Annual Yield |
|
|
|
Mama mia, that’s a downgrade. Fitch Ratings cut Italy’s government credit rating to BBB plus from A minus, citing the inconclusive outcome of last month’s parliamentary elections and a deeper recession. The outlook on Italy’s rating is negative. |
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Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/fitch-downgrades-italy-to-bbb-plus-2013-03-08 |
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For today’s Closing Market Report click to listen-> |
https://beaconrwa.com/audio/Closing-Market-Report.mp3 |