Closing Market Report 1/26/2018

The KUIK Closing Market Report for Friday, January 26:

Markets were up.

Index

Direction

Change

Units

Index

Time

Change

Dow

Up

                   224

 points

        26,617

2:02 PM

S&P500

Up

1.2%

percent

          2,873

Nasdaq Composite

Up

1.3%

percent

          7,506

      (3.89)

30 Year Treasury

Up

                      3

Basis Points

           2.91

Annual Yield

Intel shares rose more than 10.5% to $50.08, the highest price since 2000, and its biggest one-day gain in nine years after several analysts raised their price targets based on yesterday’s blowout earnings report. Investors were also happy to hear management say that chip-security flaws Meltdown and Spectre weren’t expected to have “any material impact” on product costs, though the company updated its risk factors to include the possibility of the security exploits affecting results.

For a free Social Security and Retirement Analysis go to brcapitalinc.com/kuik. Serving the West Side first, I am Bill Roller for 1360 KUIK.

www.marketwatch.com/story/intel-stock-soars-to-highest-prices-since-dot-com-bust-as-analysts-cheer-cloud-opportunity-2018-01-26

For today’s Closing Market Report click to listen->