The KUIK Closing Market Report for Monday, February 8:
It was another tough day on Wall Street.
Index Direction Change Units Index Time Change
Dow Down (178) points 16,205 3:35 PM
S&P500 Down -1.4% percent 1,853 (26.61)
Nasdaq Composite Down -1.8% percent 4,284 (79.39)
30 Year Treasury Down (12) Basis Points 2.56 Annual Yield
15 cars fell through the ice in Lake Geneva, Wis., 50 miles southeast of Milwaukee, Saturday — a warm winter day where the main attraction was supposed to be the town’s Winterfest. No one was injured, but 10 of the 15 cars are a total loss, according Fox News. The other five could be driven away. Ice needs to be at least 8 inches thick to support a car, according to the Old Farmer’s Almanac. But white ice must be must be twice as thick as clear ice, according to the Minnesota Department of Natural Resources.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/cars-sink-through-the-ice-at-festival-celebrating-winter-2016-02-08?link=MW_latest_news
For today’s Closing Market Report click to listen->