The KUIK Closing Market Report for Thursday, April 24: |
Markets ended up. |
Direction |
Change |
Units |
Last |
Time |
Change |
Dow |
Up |
21 |
points |
16,502 |
2:10 PM |
S&P500 |
Up |
0.2% |
percent |
1,879 |
3.22 |
Nasdaq Composite |
Up |
0.5% |
percent |
4,148 |
21.37 |
30 Year Treasury |
Down |
(0) |
Basis Points |
3.46 |
Annual Yield |
Apple, Google , Intel, and Adobe Systems agreed to settle a lawsuit brought by 64,000 employees accusing the four companies of conspiring not to recruit each other’s workers. The terms of the settlement were not immediately released according to the Wall Street Journal but was confirmed by a lawyer for the plaintiffs. The employees had been seeking $3 billion in damages, but under antitrust rules, that could have tripled to $9 billion. |
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/tech-companies-agree-to-settle-wage-suit-2014-04-24-161031554 |
For today’s Closing Market Report click to listen-> |
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