Closing Market Report 9/26/2014

The KUIK Closing Market Report for Friday, September 26:
Markets were up after yesterday’s big selloff.
Direction Change Units  Last Time Change
Dow Up                    167 points           17,113 1:41 PM
S&P500 Up 0.9% percent             1,983      16.86
Nasdaq Composite Up 1.0% percent             4,512      45.45
30 Year Treasury Down                      (0) Basis Points               3.22 Annual Yield
Bond fund Manager Bill Gross is leaving the firm he cofounded Pacific Investment Management Company.  Gross, age 70 and until today manager of the $222 billion Pimco Total Return fund, will join Janus Capital to oversee the Janus Global Unconstrained Bond Fund, according to a statement today from Denver-based Janus.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.bloomberg.com/news/2014-09-26/pimco-said-to-have-discussed-firing-gross-before-exit.html
For today’s Closing Market Report click to listen->