Closing Market Report 8/5/2013

The KUIK Closing Market Report for Monday, August 5:
Markets finished mixed.
Direction Change Units  Last  Time Change
Dow Down                    (46) points           15,612 2:13 PM
S&P500 Down -0.2% percent             1,707       (2.53)
Nasdaq Composite Up 0.1% percent             3,693        3.00
30 Year Treasury Up                       4 Basis Points               3.73 Annual Yield
Amazon founder Jeff Bezos is buying the Washington Post newspaper for $250 million.  He is acting personally and not through Amazon. The Washington Post is the newspaper that broke the Watergate scandal.  Like many media properties, it has fallen on hard times. In the second quarter, the newspaper business represented just 13% of Washington Post Co.’s total revenue
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/bezos-buying-washington-post-for-250-million-2013-08-05?dist=afterbell
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