The KUIK Closing Market Report for Monday, April 10:
Markets were flat.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
2
points
20,658
2:42 PM
S&P500
Up
0.1%
percent
2,357
1.62
Nasdaq Composite
Up
0.1%
percent
5,881
3.11
30 Year Treasury
Down
(1)
basis points
2.99
Annual Yield
The Securities and Exchange Commissionannounced enforcement actions against 27 individuals and entities for undisclosed payments made in return for bullish articles. The SEC filed fraud charges against three public companies and seven stock promotion or communications firms as well as two company CEOs, six individuals at the firms, and nine writers. Of those charged, 17 have agreed to settlements that include disgorgement of profits or penalties ranging from $2,200 to nearly $3 million based on frequency and severity of their actions. Litigation continues against 10 others.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
