Closing Market Report 3/5/2014

The KUIK Closing Market Report for Thursday, March 6:
Markets ended mixed.
Direction Change Units  Last  Time Change
Dow Down                    (36) points           16,360 1:30 PM
S&P500 Down 0.01% percent             1,874
Nasdaq Composite Up 0.10% percent             4,358
30 Year Treasury Up                       1 Basis Points               3.64 Annual Yield
The Hill reports that Obamacare is about to undergo another delay as the Obama administration is looking at pushing back the cancellation of existing, non-compliant plans an extra year, past this fall’s mid-term elections. The move would avoid an awkward situation for Democrats running for House and Senate seats because cancellation notices on some of those plans that had been extended by one year would go out before the Nov. 4 election.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://blogs.marketwatch.com/health-exchange/2014/03/05/another-obamacare-delay-imminent-on-non-compliant-health-coverage/
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