The KUIK Closing Market Report for Friday, November 4:
Markets were down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(42)
points
17,888
1:59 PM
S&P500
Down
-0.2%
percent
2,085
(3.48)
Nasdaq Composite
Down
-0.2%
percent
5,046
(12.04)
30 Year Treasury
Down
(3)
Basis Points
2.57
Annual Yield
Alphabet, which used to be called Google announced today it will change the name of its venture-capital arm from Google Capital to CapitalG. It changed to Alphabet last year, making that an umbrella name for all of the Web giant’s ventures, though the Google division — which includes search, YouTube and Android, among other large businesses — is still the most important. The Google Capital division is separate from Google in the Alphabet structure. If you’re confused now, wait until next week.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
