The KUIK Closing Market Report for Monday, December 9: |
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Markets were flat. |
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|
Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Up |
5 |
points |
16,026 |
2:50 PM |
|
|
S&P500 |
Up |
0.18% |
percent |
1,808 |
|
3.28 |
|
Nasdaq Composite |
Up |
0.15% |
percent |
4,069 |
|
6.23 |
|
30 Year Treasury |
Down |
(3) |
Basis Points |
3.89 |
Annual Yield |
|
|
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The Treasury Department announced it has sold its remaining shares of General Motors, ending another chapter of the financial crisis. The U.S. invested $49.5 billion in GM and received $39 billion back. At one point in 2009, Treasury held 912 million GM shares or 60% of the company’s outstanding stock. |
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Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/treasury-completes-exit-from-gm-2013-12-09?dist=afterbell |
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For today’s Closing Market Report click to listen-> |
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