Closing Market Report 9/3/2013

The KUIK Closing Market Report for Tuesday, September 3:
Markets finished up.
Direction Change Units  Last  Time Change
Dow Up                     24 points           14,810 2:21 PM
S&P500 Up 0.42% percent             1,640        6.80
Nasdaq Composite Up 0.63% percent             3,613      22.74
30 Year Treasury Up                     10 Basis Points               3.78 Annual Yield
LinkedIn announce it will issue a public offering of $1 billion worth of shares of its Class A common stock. The professional social network said the offering is meant “to increase LinkedIn’s financial flexbility and to further strengthen its balance sheet.” the proceeds will be used for “general corporate purposes,”
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/linkedin-to-offer-1b-in-secondary-offering-2013-09-03?dist=markets
For today’s Closing Market Report click to listen->