The KUIK Closing Market Report for Thursday, January 4:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
152
points
25,075
2:22 PM
S&P500
Up
0.4%
percent
2,724
Nasdaq Composite
Up
0.2%
percent
7,078
30 Year Treasury
Unchanged
–
2.79
2.79
Annual Yield
The security flaws in chips made by Intel will have a minimal effect on Intel’s bottom line according to analysts. In fact, they may push cloud computing providers to purchase new servers with new chips faster. Design flaws may affect chips going back more than a decade, but Intel has said it and software providers like Microsoft can repair the problems through a range of patches. Those fixes are expected by Intel to roll out this week to 90% of the affected hardware introduced in the past five years. They may cause hits to performance under certain conditions. Intel closed down 1.8% to $44.31 a share.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
