| The KUIK Closing Market Report for Thursday, December 12: | |||||||
| Markets were down today. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (105) | points | 15,739 | 2:35 PM | ||
| S&P500 | Down | -0.38% | percent | 1,776 | (6.72) | ||
| Nasdaq Composite | Down | -0.14% | percent | 3,998 | (5.41) | ||
| 30 Year Treasury | Up | 2 | Basis Points | 3.90 | Annual Yield | ||
| Minting a platinum coin to avoid a debt-ceiling showdown “is not a serious option,” said Treasury Secretary Jacob Lew today. Some analysts outside the White House have advocated that the U.S. government take advantage of a loophole to mint a platinum coin, assign it a value of $1 trillion and deposit it with the Fed, thereby automatically boosting the debt ceiling. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/lew-platinum-coin-not-option-on-debt-limit-2013-12-12 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||