| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Monday, April, 9 | |||||||
| Markets all finished down today. Stocks took the payroll plunge, reacting to Friday’s worse than expected payroll report. | |||||||
| Direction | Change | Units | |||||
| Dow | Down | (131) | points | 12,930 | |||
| S&P500 | Down | -1.14% | percent | 1,382 | |||
| Nasdaq Composite | Down | -1.08% | percent | 3,047 | |||
| 30 Year Treasury | Down | (13.8) | basis points | 3.18 | |||
| Technology was in the news today with Facebook’s announcement it is buying Instagram for a cold one billion in cash. Instagram comes complete with 30 million users of its I-phone photo sharing app and only nine employees. | |||||||
| Shares of AOL jumped 42.2% to $26.20 on the news it sold 800 patents to Microsoft for 1.05 billion. AOL gets to keep using them and has 300 more in its patent portfolio. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||