The KUIK Closing Market Report for Friday, January 27:
Markets were down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(7)
points
20,094
8:24 AM
S&P500
Down
-0.1%
percent
2,295
(3.21)
Nasdaq Composite
Down
-0.1%
percent
5,661
(2.68)
30 Year Treasury
Down
(3)
basis points
3.06
Annual Yield
German prosecutors today named Volkswagen’s former Chief Executive Martin Winterkorn as a suspect in a fraud investigation as they widened their probe into a diesel emissions-cheating scandal, alleging that Mr. Winterkorn may have known about the issue earlier than he acknowledged. Prosecutors launched the probe on Sept. 28, 2015, after U.S. authorities disclosed Volkswagen’s emissions-cheating. Initially, Mr. Winterkorn was named as a suspect, but prosecutors retracted his name three days later. The announcement reinstates him as a suspect based on new evidence.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
