| The KUIK Market Update for Tuesday, February 10: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 54 | points | 17,783 | 8:11 AM | ||
| S&P500 | Up | 0.4% | percent | 2,055 | 7.89 | ||
| Nasdaq Composite | Up | 0.5% | percent | 4,751 | 25.09 | ||
| 30 Year Treasury | Up | 3 | Basis Points | 2.55 | Annual Yield | ||
| The National Federation of Independent Business said its small-business optimism index fell 2.5 points to 97.9, with seven out of 10 components declining. “November and December readings were very strong, possibly from post-election euphoria,” said NFIB Chief Economist Bill Dunkelberg in a statement. “January’s decline was mostly due to owners being less optimistic about sales growth and business conditions, not spending and hiring plans.” | |||||||
| Samsung and Microsoft have agreed to end a contract dispute over the South Korean handset maker’s use of the Android operating system. The agreement was made public by the two companies on their blogs but the did not disclose the terms. Google owns Android, but some of Microsoft’s patents are included in they technolody, including methods for displaying multiple windows in a Web browser. Samsung and other smartphone makers that manufacture Androids handsets pay royalty fees to Microsoft for each device they sell. In August last year, Microsoft said Samsung failed to make a royalty payment on time and then refused to pay interest on the late payment. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/small-business-sentiment-slips-in-january-nfib-says-2015-02-10 | |||||||
| http://www.marketwatch.com/story/samsung-microsoft-end-contract-dispute-2015-02-09-221032410?dist=lcountdown | |||||||
| For today’s Market Update Report click to listen-> | |||||||