Weather Alert

Accumulating snow ends between midnight and 2-3am as the Snow Storm Winds Down

Some additional bursts of moderate snowfall are likely through midnight with additional snow accumulations of 1"-3" through 2am.  Snowfall rates will rapidly diminish through early Thursday morning as the snowfall becomes light and intermittent with only a bit of patchy light snow or snow grains persisting beyond daybreak on Thanksgiving.
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Market Close - October 8, 2013 - 10/08/13

Stocks ended at their worst levelsof the session. The Dow Jones Industrial Average gave up over 159 points to14,776, the S&P 500 fell 20 points to 1655 and the NASDAQ shed 75 points toclose at 3694. The major averages declined to their lowest levels in a month asthe government shutdown entered its eight day and as lawmakers failed to makeprogress in reaching a debt limit agreement. Most sectors on the S&P endedlower, led by declines in telecom stocks. Shares of Verizon were down 1.5% to$46.05. J.C. Penny rose 0.8% to $7.77 after the retailer reportedstronger-than-expected sales trends and an improvement in liquidity. In othernews, Jamba Juice fell 18.8% to $10.94 after the company reduced theircurrent-quarter sales forecasts and warned of a persisting difficultenvironment. Composite volume on the NYSE was 3.5 billion shares with decliningissues besting advancers by a 4-1 margin. The NASDAQ was 4-1 negative on issuesas well. Turning to fixed income markets, Treasuries were modestly lower alongthe curve. The benchmark 10-year note was down 3/32 to yield 2.64 % and the30-year bond fell 1/32 to yield 3.70%.


This information was prepared by or obtained from sources thatWells FargoAdvisors believes to be reliable. Any market prices are only indications ofmarket values and are subject to change. The material has been prepared or isdistributed solely for information purposes and is not a solicitation or anoffer to buy any security or instrument or to participate in any tradingstrategy. Additional information is available upon request.

Investment and InsuranceProducts:NOT FDIC InsuredNO BankGuaranteeMAY Lose Value

Wells Fargo Advisors, LLC, Member SIPC is a registeredbroker-dealers and a separate non-bank affiliate of Wells Fargo & Company.


 

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