The KUIK Closing Market Report for Friday, January 9: |
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Markets finished down. |
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|
Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Down |
(171) |
points |
17,737 |
2:10 PM |
|
|
S&P500 |
Down |
-0.8% |
percent |
2,045 |
|
(17.33) |
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Nasdaq Composite |
Down |
-0.7% |
percent |
4,704 |
|
(32.12) |
|
30 Year Treasury |
Down |
(4) |
Basis Points |
2.56 |
Annual Yield |
|
|
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Fitch Ratings downgraded Russia’s government debt rating to BBB- from BBB, putting it one notch above junk with a negative outlook . In a statement, Fitch said “The economic outlook has deteriorated significantly since mid-2014 following sharp falls in the oil price and the ruble, coupled with a steep rise in interest rates.” |
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Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/fitch-downgrades-russia-sovereign-rating-to-bbb–one-notch-above-junk-2015-01-09 |
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For today’s Closing Market Report click to listen-> |
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