| The KUIK Closing Market Report for Tuesday, October 6: | |||||||
| Markets finished mixed. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Up | 14 | points | 16,790 | 2:33 PM | ||
| S&P500 | Down | -0.4% | percent | 1,980 | (7.13) | ||
| Nasdaq Composite | Down | -0.7% | percent | 4,748 | (32.90) | ||
| 30 Year Treasury | Down | (3) | Basis Points | 2.87 | Annual Yield | ||
| Marketwatch reports IBM has formed a new business unit to capitalize on artificial intelligence. The new Cognitive Business Solutions group will be run by Stephen Pratt, previously an executive in the consulting practice at Indian outsourcer Infosys. The new division’s 2,000 employees will advise companies in how to take advantage of IBM’s Watson artificial-intelligence software. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/ibm-sets-up-watson-focused-unit-to-tap-the-ai-boom-2015-10-06?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | |||||||