Closing Market Report 1/13/2014

The KUIK Closing Market Report for Monday, January 13:
Markets ended down.
Direction Change Units  Last  Time Change
Dow Down                   (179) points           16,258 2:27 PM
S&P500 Down -1.26% percent             1,819     (23.17)
Nasdaq Composite Down -1.47% percent             4,113     (61.36)
30 Year Treasury Down                      (3) Basis Points               3.77 Annual Yield
Stocks moved lower on remarks by Atlanta Fed president Dennis Lockhart.  In a speech to the Rotary Club of America, he said he supports “similar tapering steps” as the one taken to reduce bond-market purchases by $10 billion by the Federal Reserve last month, as long as the economy grows at the 2.5% to 3% clip he’s forecasting this year. 
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/us-stocks-fall-on-labor-market-fears-2014-01-13?dist=markets
For today’s Closing Market Report click to listen->