Closing Market Report 9/9/2013

The KUIK Closing Market Report for Monday, September 9:
Markets finished up.
Direction Change Units  Last  Time Change
Dow Up                    141 points           15,063 2:18 PM
S&P500 Up 1.00% percent             1,672      16.54
Nasdaq Composite Up 1.26% percent             3,706      46.17
30 Year Treasury Down                      (3) Basis Points               3.84 Annual Yield
 The Federal Reserve reported consumer credit rose $10.4 billion in July to a seasonally adjusted $2.85 trillion, an annual growth rate of 4.4%. Revolving credit, which is mostly credit card loans, fell for a second month, dropping  2.6% annually in July, compared with a drop of 5.2% in June. Nonrevolving credit, which covers loans for education and cars, rose 7.4% annually in July, down from 9.5% in June.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/30-year-mortgage-rate-rises-to-457-2013-09-05-1091012
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