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The KUIK Closing Market Report for Thursday, January 25: |
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Markets were mixed. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
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Dow |
Up |
141 |
points |
26,393 |
2:34 PM |
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S&P500 |
Up |
0.1% |
percent |
2,839 |
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Nasdaq Composite |
Down |
-0.1% |
percent |
7,411 |
(3.89) |
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30 Year Treasury |
Down |
(6) |
Basis Points |
2.88 |
Annual Yield |
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Intel shares are up 5.4% in after hours trading to $45.30. The chipmaker reported quarterly earnings, driven by double-digit data-center growth, that topped Wall Street views and gave a strong outlook for 2018. The company reported a fourth-quarter loss of $687 million, or 15 cents a share, compared with net income of $3.87 billion, or 73 cents a share, in the year-ago period. Adjusted earnings, which factored out the $5.4 billion tax loss from the recently passed tax overhaul, were $1.08 a share. Analysts expected 87 cents a share were expected, while Intel had forecast 86 cents. While PC-centric sales slipped 2% to $9 billion as data-center sales surged 20% to $5.6 billion. |
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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. |
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For today’s Closing Market Report click to listen-> |
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