Closing Market Report 3/8/2013

The KUIK Closing Market Report for Friday, March 8:
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.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/fitch-downgrades-italy-to-bbb-plus-2013-03-08
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3