Closing Market Report 7/29/2013

The KUIK Closing Market Report for Monday, July 29:
Markets ended down.
Direction Change Units  Last  Time Change
Dow Down                    (37) points           15,522 2:48 PM
S&P500 Down -0.37% percent             1,685
Nasdaq Composite Down -0.39% percent             3,599
30 Year Treasury Up                       4 Basis Points               3.66 Annual Yield
The Treasury Department announced today that the U.S. government expects to borrow $209 billion in the July-September quarter, about $14 billion less than previously forecasted.  The decrease is partly due to higher cash balance as a result of payments from Fannie Mae and Freddie Mac.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/us-cuts-quarterly-borrowing-est-to-209-bln-2013-07-29-1591019
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