| The KUIK Closing Market Report for Friday, February 14: | |||||||
| Markets ended up. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 126 | points | 16,154 | 2:24 PM | ||
| S&P500 | Up | 0.48% | percent | 1,839 | 8.80 | ||
| Nasdaq Composite | Up | 0.08% | percent | 4,244 | 3.35 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 3.70 | Annual Yield | ||
| The U.S. government took a step toward legitimizing the marijuana industry today, allowing U.S. banks to offer accounts and other services to businesses in states where medical or recreational pot sales are legal. The Treasury’s Financial Crimes Enforcement Network issued guidelines for banks intended to reduce the danger sellers face in operating an all-cash business. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2014-02-14/treasury-lets-banks-offer-accounts-to-pot-businesses.html | |||||||
| For today’s Closing Market Report click to listen-> | |||||||