Closing Market Report 10/9/2014

The KUIK Closing Market Report for Thursday, October 9:
It was an ugly day on Wall Street.
Direction Change Units  Last Time Change
Dow Down                   (335) points           16,659 1:35 PM
S&P500 Down -2.1% percent             1,928     (40.68)
Nasdaq Composite Down -2.0% percent             4,378     (90.26)
30 Year Treasury Unchanged                      – Basis Points               3.06 Annual Yield
Symantec is following HP into splitsville. Symantec announced today that the security software maker will split into two separate, publicly traded companies. One company will focus on security  and will retain the Symantec name. The other wil focus on on information management technologies. Symantec expects the split to be completed by December 2015.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/symantec-sets-plan-to-split-into-two-companies-2014-10-09
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