Closing Market Report 1/15/2014

The KUIK Closing Market Report for Wednesday, January 15:
Markets were up today.
Direction Change Units  Last  Time Change
Dow Up                    108 points           16,482 2:03 PM
S&P500 Up 0.52% percent             1,848        9.50
Nasdaq Composite Up 0.76% percent             4,215      31.87
30 Year Treasury Up                       1 Basis Points               3.81 Annual Yield
The House of Representatives today passed a $1.1 trillion spending bill to fund the government through September. It now goes to the Senate, which is expected to vote later this week. Republicans have trumpeted the bill’s $1 billion cut to an Obamacare fund, while Democrats tout its funding for childhood education and health research. Conservative groups including Heritage Action said the bill spends too much and urged a no vote. The bill passed the House with 359 yes votes and 67 no votes.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/house-passes-11-trillion-spending-bill-2014-01-15-16912210
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