This is Bill Roller of BR Capital with the KUIK Closing Market Report for Wednesday, April, 4 |
Market finished down today. |
|
Direction |
Change |
Units |
|
|
|
|
Dow |
Down |
(125) |
Point |
13,075 |
|
|
|
S&P500 |
Down |
-1.02% |
percent |
1,399 |
|
|
|
Nasdaq Composite |
Down |
-1.46% |
percent |
3,068 |
|
|
|
30 Year Treasury |
Down |
(3.0) |
basis points |
3.38 |
|
|
|
Facebook is countersuing Yahoo for patent infringement. Facebook argues that 80% of Yahoo’s revenue comes from Facebook patents that it is using illegally, including display advertising, content personalization, and photo sharing. Facebook is striking back at Yahoo over its patent original suit. |
Gold and Silver dropped in response to the Fed’s putting more stimulus on hold. June Gold declined 3.5%, to end at $1,614.10 an ounce on New York Merc. Silver posted sharp losses, with May Silver falling 6.7%, to $31.04 an ounce. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |