Closing Market Report 7/7/2014

The KUIK Closing Market Report for Monday, July 7:
Markets ended down.
Direction Change Units  Last Time Change
Dow Down                    (44) points           17,024 1:47 PM
S&P500 Down -0.4% percent             1,978       (7.79)
Nasdaq Composite Down -0.8% percent             4,452     (34.40)
30 Year Treasury Down                      (4) Basis Points               3.44 Annual Yield
 President Obama will ask Congress for more funding tomorrow to secure the border with Mexico, according to White House spokesman Josh Earnest. Media reports indicate the request will be for $2 billion. There has been a steady stream of children from Central America crossing the border illegally and the funds would pay for more immigration judges and asylum officials to process the backlog.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/obama-to-unveil-border-control-funding-request-spokesman-2014-07-07
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