| The KUIK Closing Market Report for Wednesday, October 31: | |||||||
| Markets finished down today after the two day shutdown for due to Hurricane Sandy. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (11) | points | 13,096 | 1:46 PM | ||
| S&P500 | Up | 0.1% | percent | 1,412 | 0.22 | points | |
| Nasdaq Composite | Down | -0.4% | percent | 2,977 | (10.72) | points | |
| 30 Year Treasury | Down | (7) | Basis Points | 2.85 | Annual Yield | ||
| Companies are guiding down. More than three times a many S&P 500 companies have issued negative earnings-per-share guidance for the fourth quarter, compared with those who have issued positive guidance according to a report from Factset. For the fourth quarter, 52 companies in the S&P500 have issued negative guidance, while 16 companies have issues positive guidance. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.cm/story/negative-earnings-guidance-rules-q4-factset-2012-10-31?dist=markets | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||